Zhejiang Zomax Transmission Dividend
Dividend criteria checks 3/6
Zhejiang Zomax Transmission is a dividend paying company with a current yield of 1.39% that is well covered by earnings.
Key information
1.4%
Dividend yield
83%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.24 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603767 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603767 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Zomax Transmission Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603767) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Auto Components) | 1.4% |
| Analyst forecast in 3 Years (603767) | n/a |
Notable Dividend: 603767's dividend (1.39%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603767's dividend (1.39%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.3%), 603767's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.7%), 603767's dividend payments are well covered by cash flows.