Zhejiang Langdi Group Dividend
Dividend criteria checks 4/6
Zhejiang Langdi Group is a dividend paying company with a current yield of 2.91% that is well covered by earnings.
Key information
2.9%
Dividend yield
56%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.400 |
Earnings per share | CN¥0.73 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (603726) | 2.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603726) | n/a |
Notable Dividend: 603726's dividend (2.91%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603726's dividend (2.91%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.6%), 603726's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.6%), 603726's dividend payments are well covered by cash flows.