Zhejiang Jinggong Integration Technology Dividend
Dividend criteria checks 2/6
Zhejiang Jinggong Integration Technology is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
36%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.43 |
Dividend yield forecast in 3Y | 2.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002006 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002006's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Zhejiang Jinggong Integration Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
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Company (2006) | 1.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (2006) | 2.8% |
Notable Dividend: 002006's dividend (1.01%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 002006's dividend (1.01%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.7%), 002006's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002006 is paying a dividend but the company has no free cash flows.