Zhejiang Langdi Group Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Langdi Group is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Zhejiang Langdi Group Co., Ltd.'s (SHSE:603726) Business And Shares Still Trailing The Market
Oct 21
Zhejiang Langdi Group (SHSE:603726) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 04There Are Reasons To Feel Uneasy About Zhejiang Langdi Group's (SHSE:603726) Returns On Capital
Aug 02Zhejiang Langdi Group Co., Ltd. (SHSE:603726) Held Back By Insufficient Growth Even After Shares Climb 41%
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603726 has been paying a dividend for less than 10 years.
Growing Dividend: 603726's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Zhejiang Langdi Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603726) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603726) (up to 3 years) | n/a |
Notable Dividend: 603726's dividend (2.24%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603726's dividend (2.24%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), 603726's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.4%), 603726's dividend payments are well covered by cash flows.