ZHEJIANG DIBAY ELECTRICLtd Dividends and Buybacks
Dividend criteria checks 3/6
ZHEJIANG DIBAY ELECTRICLtd is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Returns At ZHEJIANG DIBAY ELECTRICLtd (SHSE:603320) Are On The Way Up
Oct 01
Additional Considerations Required While Assessing ZHEJIANG DIBAY ELECTRICLtd's (SHSE:603320) Strong Earnings
Aug 30ZHEJIANG DIBAY ELECTRICLtd (SHSE:603320) Is Increasing Its Dividend To CN¥0.10
May 24ZHEJIANG DIBAY ELECTRICLtd (SHSE:603320) Will Want To Turn Around Its Return Trends
Apr 16Optimistic Investors Push ZHEJIANG DIBAY ELECTRIC CO.,Ltd. (SHSE:603320) Shares Up 29% But Growth Is Lacking
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603320 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603320 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| ZHEJIANG DIBAY ELECTRICLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603320) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603320) (up to 3 years) | n/a |
Notable Dividend: 603320's dividend (0.69%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603320's dividend (0.69%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.4%), 603320's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18%), 603320's dividend payments are well covered by cash flows.