Zhejiang Yaguang TechnologyLtd Dividend
Dividend criteria checks 3/6
Zhejiang Yaguang TechnologyLtd is a dividend paying company with a current yield of 2.98% that is well covered by earnings.
Key information
3.0%
Dividend yield
17%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.22 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603282's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603282's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Zhejiang Yaguang TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603282) | 3.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (603282) | n/a |
Notable Dividend: 603282's dividend (2.98%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603282's dividend (2.98%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.3%), 603282's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603282 is paying a dividend but the company has no free cash flows.