Zhejiang Huayou Cobalt Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Huayou Cobalt is a dividend paying company with a current yield of 2.71% that is well covered by earnings.
Key information
2.7%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 38.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.138 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HUAYO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HUAYO's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Zhejiang Huayou Cobalt Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HUAYO) | 2.7% |
| Market Bottom 25% (CH) | 2.0% |
| Market Top 25% (CH) | 4.4% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast (HUAYO) (up to 3 years) | 2.4% |
Notable Dividend: HUAYO's dividend (2.71%) is higher than the bottom 25% of dividend payers in the Swiss market (1.98%).
High Dividend: HUAYO's dividend (2.71%) is low compared to the top 25% of dividend payers in the Swiss market (4.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.4%), HUAYO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HUAYO is paying a dividend but the company has no free cash flows.