Hangzhou XZB Tech Dividend
Dividend criteria checks 4/6
Hangzhou XZB Tech is a dividend paying company with a current yield of 3.02% that is well covered by earnings.
Key information
3.0%
Dividend yield
40%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.550 |
Earnings per share | CN¥1.37 |
Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
No updates
Stability 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 7 years.
Dividend Yield vs Market
Hangzhou XZB Tech Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603040) | 3.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Auto Components) | 2.0% |
Analyst forecast in 3 Years (603040) | 2.9% |
Notable Dividend: 603040's dividend (3.02%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 603040's dividend (3.02%) is in the top 25% of dividend payers in the CN market (2.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), 603040's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.7%), 603040's dividend payments are well covered by cash flows.