Zhejiang Baida Precision Manufacturing Dividends and Buybacks
Dividend criteria checks 1/6
Zhejiang Baida Precision Manufacturing is a dividend paying company with a current yield of 2.03%.
Key information
2.0%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 90% |
Recent dividend and buyback updates
Recent updates
Investors Can Find Comfort In Zhejiang Baida Precision Manufacturing's (SHSE:603331) Earnings Quality
Nov 04
Be Wary Of Zhejiang Baida Precision Manufacturing (SHSE:603331) And Its Returns On Capital
Oct 25Zhejiang Baida Precision Manufacturing (SHSE:603331) Will Want To Turn Around Its Return Trends
Jun 06Zhejiang 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 7 years.
Dividend Yield vs Market
| Zhejiang Baida Precision Manufacturing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603331) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603331) (up to 3 years) | n/a |
Notable Dividend: 603331's dividend (2.03%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603331's dividend (2.03%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.2%), 603331's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603331 is paying a dividend but the company has no free cash flows.