Zhejiang grandwall electric science&technologyltd Dividend
Dividend criteria checks 2/6
Zhejiang grandwall electric science&technologyltd is a dividend paying company with a current yield of 17.17%.
Key information
17.2%
Dividend yield
114%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥3.000 |
Earnings per share | CN¥1.31 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Insufficient Growth At Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Hampers Share Price
Aug 01Solid Earnings Reflect Zhejiang grandwall electric science&technologyltd's (SHSE:603897) Strength As A Business
May 02Zhejiang grandwall electric science&technology co.,ltd. (SHSE:603897) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Mar 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603897 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603897's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Zhejiang grandwall electric science&technologyltd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603897) | 17.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (603897) | n/a |
Notable Dividend: 603897's dividend (17.17%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603897's dividend (17.17%) is in the top 25% of dividend payers in the CN market (2.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (114.2%), 603897's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (221.1%), 603897's dividend payments are not well covered by cash flows.