Zhejiang Three Stars New Materials Dividend
Dividend criteria checks 2/6
Zhejiang Three Stars New Materials is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
24%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.54 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Zhejiang Three Stars New Materials' (SHSE:603578) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 06Calculating The Fair Value Of Zhejiang Three Stars New Materials Co., Ltd. (SHSE:603578)
Mar 18Zhejiang Three Stars New Materials Co., Ltd.'s (SHSE:603578) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 18Investors Met With Slowing Returns on Capital At Zhejiang Three Stars New Materials (SHSE:603578)
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603578 has been paying a dividend for less than 10 years.
Growing Dividend: 603578's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Zhejiang Three Stars New Materials Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603578) | 1.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Building) | 2.7% |
Analyst forecast in 3 Years (603578) | n/a |
Notable Dividend: 603578's dividend (1.33%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603578's dividend (1.33%) is low compared to the top 25% of dividend payers in the CN market (2.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.4%), 603578's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603578 is paying a dividend but the company has no free cash flows.