Zhejiang Goldensea Hi-Tech Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Goldensea Hi-Tech is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
-11.1%
Buyback Yield
| Total Shareholder Yield | -10.4% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 9.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | 32% |
Recent dividend and buyback updates
No updates
Recent updates
Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) P/E Is Still On The Mark Following 28% Share Price Bounce
Nov 13
Solid Earnings May Not Tell The Whole Story For Zhejiang Goldensea Hi-Tech (SHSE:603311)
Nov 02Zhejiang Goldensea Hi-Tech's (SHSE:603311) Soft Earnings Don't Show The Whole Picture
Apr 26Zhejiang Goldensea Hi-Tech (SHSE:603311) Will Want To Turn Around Its Return Trends
Apr 17Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) 26% Price Boost Is Out Of Tune With Earnings
Mar 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603311 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603311's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Zhejiang Goldensea Hi-Tech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603311) | 0.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Building) | 2.5% |
| Analyst forecast (603311) (up to 3 years) | 1.9% |
Notable Dividend: 603311's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603311's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32%), 603311's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.3%), 603311's dividend payments are well covered by cash flows.