Zhejiang Jindao Technology Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Jindao Technology is a dividend paying company with a current yield of 1.37% that is well covered by earnings.
Key information
1.4%
Dividend yield
-2.4%
Buyback Yield
| Total Shareholder Yield | -1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Subdued Growth No Barrier To Zhejiang Jindao Technology Co., Ltd. (SZSE:301279) With Shares Advancing 36%
Oct 09
Zhejiang Jindao Technology (SZSE:301279) Will Be Hoping To Turn Its Returns On Capital Around
Sep 28Zhejiang Jindao Technology Co., Ltd.'s (SZSE:301279) 39% Price Boost Is Out Of Tune With Earnings
Jun 30Zhejiang Jindao Technology (SZSE:301279) Has Announced That Its Dividend Will Be Reduced To CN¥0.30
May 24Some Investors May Be Worried About Zhejiang Jindao Technology's (SZSE:301279) Returns On Capital
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301279 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301279 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Jindao Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301279) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (301279) (up to 3 years) | n/a |
Notable Dividend: 301279's dividend (1.37%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301279's dividend (1.37%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.8%), 301279's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301279 is paying a dividend but the company has no free cash flows.