Zhejiang Xiantong Rubber&PlasticLtd Dividend
Dividend criteria checks 2/6
Zhejiang Xiantong Rubber&PlasticLtd is a dividend paying company with a current yield of 1.91% that is well covered by earnings.
Key information
1.9%
Dividend yield
50%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.64 |
Dividend yield forecast in 3Y | 0% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603239 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603239's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Zhejiang Xiantong Rubber&PlasticLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603239) | 1.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Auto Components) | 1.6% |
Analyst forecast in 3 Years (603239) | 0% |
Notable Dividend: 603239's dividend (1.91%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 603239's dividend (1.91%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.9%), 603239's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.3%), 603239's dividend payments are not well covered by cash flows.