Zhejiang Dingli MachineryLtd Dividends and Buybacks
Dividend criteria checks 5/6
Zhejiang Dingli MachineryLtd is a dividend paying company with a current yield of 2.53% that is well covered by earnings.
Key information
2.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 29.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Payout ratio | 25% |
Recent dividend and buyback updates
No updates
Recent updates
Does Zhejiang Dingli MachineryLtd (SHSE:603338) Deserve A Spot On Your Watchlist?
Mar 10
Are Zhejiang Dingli Machinery Co.,Ltd (SHSE:603338) Investors Paying Above The Intrinsic Value?
Jan 28Investors Shouldn't Overlook The Favourable Returns On Capital At Zhejiang Dingli MachineryLtd (SHSE:603338)
Jan 15Zhejiang Dingli MachineryLtd (SHSE:603338) Could Easily Take On More Debt
Jan 03Is Now The Time To Look At Buying Zhejiang Dingli Machinery Co.,Ltd (SHSE:603338)?
Dec 20Zhejiang Dingli Machinery Co.,Ltd's (SHSE:603338) Prospects Need A Boost To Lift Shares
Nov 25Do Zhejiang Dingli MachineryLtd's (SHSE:603338) Earnings Warrant Your Attention?
Nov 14Estimating The Fair Value Of Zhejiang Dingli Machinery Co.,Ltd (SHSE:603338)
Oct 21Zhejiang Dingli MachineryLtd (SHSE:603338) Might Become A Compounding Machine
Oct 08At CN¥48.25, Is It Time To Put Zhejiang Dingli Machinery Co.,Ltd (SHSE:603338) On Your Watch List?
Sep 12Is Zhejiang Dingli MachineryLtd (SHSE:603338) Using Too Much Debt?
Aug 14Estimating The Fair Value Of Zhejiang Dingli Machinery Co.,Ltd (SHSE:603338)
Jul 18Return Trends At Zhejiang Dingli MachineryLtd (SHSE:603338) Aren't Appealing
Jul 05Should You Investigate Zhejiang Dingli Machinery Co.,Ltd (SHSE:603338) At CN¥63.55?
Jun 02Zhejiang Dingli MachineryLtd (SHSE:603338) Seems To Use Debt Rather Sparingly
May 08Zhejiang Dingli Machinery Co.,Ltd's (SHSE:603338) Shares Lagging The Market But So Is The Business
Apr 25Zhejiang Dingli MachineryLtd (SHSE:603338) Hasn't Managed To Accelerate Its Returns
Mar 29Here's Why We Think Zhejiang Dingli MachineryLtd (SHSE:603338) Might Deserve Your Attention Today
Mar 15At CN¥57.49, Is It Time To Put Zhejiang Dingli Machinery Co.,Ltd (SHSE:603338) On Your Watch List?
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603338's dividend payments have been volatile in the past 10 years.
Growing Dividend: 603338's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Dingli MachineryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603338) | 2.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (603338) (up to 3 years) | 3.4% |
Notable Dividend: 603338's dividend (2.53%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 603338's dividend (2.53%) is in the top 25% of dividend payers in the CN market (2.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.9%), 603338's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.5%), 603338's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/18 08:44 |
| End of Day Share Price | 2025/04/18 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Zhejiang Dingli Machinery Co.,Ltd is covered by 24 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shaohui Yang | BOCI Research Ltd. |
| Zexi Wu | BofA Global Research |
| Jia Yan | China International Capital Corporation Limited |