Zhejiang XiaSha Precision Manufacturing Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang XiaSha Precision Manufacturing is a dividend paying company with a current yield of 1.13% that is well covered by earnings.
Key information
1.1%
Dividend yield
-20.9%
Buyback Yield
| Total Shareholder Yield | -19.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.645 |
| Payout ratio | 61% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 001306's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 001306's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Zhejiang XiaSha Precision Manufacturing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001306) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (001306) (up to 3 years) | n/a |
Notable Dividend: 001306's dividend (1.13%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 001306's dividend (1.13%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.1%), 001306's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001306 is paying a dividend but the company has no free cash flows.