Zhejiang Shibao Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Shibao is a dividend paying company with a current yield of 0.7% that is well covered by earnings.
Key information
0.7%
Dividend yield
-3.8%
Buyback Yield
| Total Shareholder Yield | -3.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0248 |
| Payout ratio | 14% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002703's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002703's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Zhejiang Shibao Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002703) | 0.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (002703) (up to 3 years) | n/a |
Notable Dividend: 002703's dividend (0.7%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002703's dividend (0.7%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.6%), 002703's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002703 is paying a dividend but the company has no free cash flows.