Zhejiang Dingli MachineryLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Dingli MachineryLtd is a dividend paying company with a current yield of 1.84% that is well covered by earnings.
Key information
1.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 29.3% |
| 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
Do Zhejiang Dingli MachineryLtd's (SHSE:603338) Earnings Warrant Your Attention?
Nov 14
Estimating 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 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603338's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Zhejiang Dingli MachineryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603338) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603338) (up to 3 years) | 2.4% |
Notable Dividend: 603338's dividend (1.84%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 603338's dividend (1.84%) 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 (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 (26.1%), 603338's dividend payments are well covered by cash flows.