ZHEJIANG DIBAY ELECTRICLtd Dividend
Dividend criteria checks 3/6
ZHEJIANG DIBAY ELECTRICLtd is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
25%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.39 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability 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) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603320) | n/a |
Notable Dividend: 603320's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 603320's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.4%), 603320's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.5%), 603320's dividend payments are well covered by cash flows.