Zhejiang Expressway Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Expressway is a dividend paying company with a current yield of 6.73% that is well covered by earnings.
Key information
6.7%
Dividend yield
-21.3%
Buyback Yield
| Total Shareholder Yield | -14.6% |
| Future Dividend Yield | 6.7% |
| Dividend Growth | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.347 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
We Think Zhejiang Expressway (HKG:576) Is Taking Some Risk With Its Debt
May 05
Zhejiang Expressway (HKG:576) Ticks All The Boxes When It Comes To Earnings Growth
Apr 05Zhejiang Expressway (HKG:576) Use Of Debt Could Be Considered Risky
Jan 12Is Zhejiang Expressway (HKG:576) Using Too Much Debt?
Sep 12If You Like EPS Growth Then Check Out Zhejiang Expressway (HKG:576) Before It's Too Late
Jun 09Does Zhejiang Expressway (HKG:576) Have A Healthy Balance Sheet?
May 18These 4 Measures Indicate That Zhejiang Expressway (HKG:576) Is Using Debt Extensively
Feb 13Does Zhejiang Expressway (HKG:576) Have A Healthy Balance Sheet?
Nov 12Zhejiang Expressway (HKG:576) Has A Somewhat Strained Balance Sheet
Aug 04Is Zhejiang Expressway (HKG:576) Using Too Much Debt?
May 06Zhejiang Expressway Co., Ltd.'s (HKG:576) Intrinsic Value Is Potentially 42% Above Its Share Price
Apr 15Forecast: Analysts Think Zhejiang Expressway Co., Ltd.'s (HKG:576) Business Prospects Have Improved Drastically
Mar 28Zhejiang Expressway Co., Ltd.'s (HKG:576) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 15Zhejiang Expressway's (HKG:576) Shareholders Are Down 22% On Their Shares
Feb 08
Is Zhejiang Expressway Co., Ltd. (HKG:576) The Right Choice For A Smart Dividend Investor?
Jan 24Is Zhejiang Expressway Co., Ltd. (HKG:576) Trading At A 49% Discount?
Jan 10Zhejiang Expressway (HKG:576) Seems To Be Using A Lot Of Debt
Dec 28Zhejiang Expressway Co., Ltd. (HKG:576) On An Uptrend: Could Fundamentals Be Driving The Stock?
Dec 15Is Now An Opportune Moment To Examine Zhejiang Expressway Co., Ltd. (HKG:576)?
Nov 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 576's dividends per share have been stable in the past 10 years.
Growing Dividend: 576's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Expressway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (576) | 6.7% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Infrastructure) | 6.2% |
| Analyst forecast (576) (up to 3 years) | 6.7% |
Notable Dividend: 576's dividend (6.73%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.26%).
High Dividend: 576's dividend (6.73%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), 576's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139%), 576's dividend payments are not well covered by cash flows.