Zhejiang Baida Precision Manufacturing Dividend
Dividend criteria checks 2/6
Zhejiang Baida Precision Manufacturing is a dividend paying company with a current yield of 2.34% that is well covered by earnings.
Key information
2.3%
Dividend yield
35%
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¥0.56 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Zhejiang Baida Precision Manufacturing (SHSE:603331) Will Want To Turn Around Its Return Trends
Jun 06
Zhejiang Baida Precision Manufacturing's (SHSE:603331) Solid Profits Have Weak Fundamentals
May 06The Market Doesn't Like What It Sees From Zhejiang Baida Precision Manufacturing Corp.'s (SHSE:603331) Earnings Yet As Shares Tumble 29%
Apr 22Zhejiang Baida Precision Manufacturing Corp.'s (SHSE:603331) Shares Bounce 32% But Its Business Still Trails The Market
Mar 06Be Wary Of Zhejiang Baida Precision Manufacturing (SHSE:603331) And Its Returns On Capital
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603331 has been paying a dividend for less than 10 years.
Growing Dividend: 603331's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Zhejiang Baida Precision Manufacturing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603331) | 2.3% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (603331) | n/a |
Notable Dividend: 603331's dividend (2.34%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 603331's dividend (2.34%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), 603331's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603331 is paying a dividend but the company has no free cash flows.