Zhejiang Dingli MachineryLtd Dividend
Dividend criteria checks 3/6
Zhejiang Dingli MachineryLtd is a dividend paying company with a current yield of 1.52% that is well covered by earnings.
Key information
1.5%
Dividend yield
27%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥3.65 |
Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
No updates
Recent updates
Zhejiang 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 |
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Segment | Dividend Yield |
---|---|
Company (603338) | 1.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (603338) | 2.1% |
Notable Dividend: 603338's dividend (1.52%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603338's dividend (1.52%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.3%), 603338's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.5%), 603338's dividend payments are well covered by cash flows.