Zhejiang Xiantong Rubber&PlasticLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Xiantong Rubber&PlasticLtd is a dividend paying company with a current yield of 2.57% that is well covered by earnings.
Key information
2.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0% |
| Dividend Growth | -0.08% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.320 |
| Payout ratio | 47% |
Recent dividend and buyback updates
No updates
Recent 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 8 years.
Dividend Yield vs Market
| Zhejiang Xiantong Rubber&PlasticLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603239) | 2.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (603239) (up to 3 years) | 0% |
Notable Dividend: 603239's dividend (2.57%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603239's dividend (2.57%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.1%), 603239's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (187.1%), 603239's dividend payments are not well covered by cash flows.