Hangzhou XZB Tech Dividends and Buybacks
Dividend criteria checks 4/6
Hangzhou XZB Tech is a dividend paying company with a current yield of 2.65% that is well covered by earnings.
Key information
2.6%
Dividend yield
-0.8%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 11.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Why Investors Shouldn't Be Surprised By Hangzhou XZB Tech Co., Ltd's (SHSE:603040) Low P/E
Oct 01
We Think That There Are Issues Underlying Hangzhou XZB Tech's (SHSE:603040) Earnings
May 09Hangzhou XZB Tech Co., Ltd (SHSE:603040) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Mar 06Return Trends At Hangzhou XZB Tech (SHSE:603040) Aren't Appealing
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603040 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603040's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Hangzhou XZB Tech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603040) | 2.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (603040) (up to 3 years) | 2.8% |
Notable Dividend: 603040's dividend (2.65%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603040's dividend (2.65%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.1%), 603040's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.2%), 603040's dividend payments are well covered by cash flows.