Zhejiang Tiantai Xianghe IndustrialLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Tiantai Xianghe IndustrialLtd is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0929 |
| Payout ratio | 57% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603500 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603500's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Zhejiang Tiantai Xianghe IndustrialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603500) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603500) (up to 3 years) | n/a |
Notable Dividend: 603500's dividend (1.33%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603500's dividend (1.33%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.1%), 603500's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603500 is paying a dividend but the company has no free cash flows.