Zhejiang Weixing Industrial Development Dividend
Dividend criteria checks 5/6
Zhejiang Weixing Industrial Development is a dividend paying company with a current yield of 3.59% that is well covered by earnings.
Key information
3.6%
Dividend yield
83%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.49 |
Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
Zhejiang Weixing Industrial Development (SZSE:002003) Is Increasing Its Dividend To CN¥0.45
May 21Zhejiang Weixing Industrial Development (SZSE:002003) Strong Profits May Be Masking Some Underlying Issues
Apr 25Zhejiang Weixing Industrial Development (SZSE:002003) Has Some Way To Go To Become A Multi-Bagger
Apr 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002003's dividends per share have been stable in the past 10 years.
Growing Dividend: 002003's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zhejiang Weixing Industrial Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002003) | 3.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Luxury) | 3.4% |
Analyst forecast in 3 Years (002003) | 4.6% |
Notable Dividend: 002003's dividend (3.59%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 002003's dividend (3.59%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.7%), 002003's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (402.8%), 002003's dividend payments are not well covered by cash flows.