Huaxin Cement Dividend
Dividend criteria checks 4/6
Huaxin Cement is a dividend paying company with a current yield of 4.1% that is well covered by earnings.
Key information
4.1%
Dividend yield
48%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | HK$0.571 |
Earnings per share | HK$1.11 |
Dividend yield forecast | 4.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6655's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6655's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Huaxin Cement Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6655) | 4.1% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.2% |
Industry Average (Basic Materials) | 5.3% |
Analyst forecast (6655) (up to 3 years) | 4.4% |
Notable Dividend: 6655's dividend (4.1%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.37%).
High Dividend: 6655's dividend (4.1%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.9%), 6655's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.6%), 6655's dividend payments are covered by cash flows.