Zhejiang Development GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Development GroupLtd is a dividend paying company with a current yield of 5.25% that is well covered by earnings.
Key information
5.2%
Dividend yield
-21.0%
Buyback Yield
| Total Shareholder Yield | -15.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 20.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000906's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000906's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Development GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000906) | 5.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Trade Distributors) | 2.9% |
| Analyst forecast (000906) (up to 3 years) | n/a |
Notable Dividend: 000906's dividend (5.25%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 000906's dividend (5.25%) 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 (45.5%), 000906's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000906 is paying a dividend but the company has no free cash flows.