Zhejiang Wanma Co., Ltd.

SZSE:002276 Stock Report

Market Cap: CN¥7.3b

Zhejiang Wanma Dividend

Dividend criteria checks 4/6

Zhejiang Wanma is a dividend paying company with a current yield of 0.74% that is well covered by earnings.

Key information

0.7%

Dividend yield

12%

Payout ratio

Industry average yield1.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.055
Earnings per shareCN¥0.47
Dividend yield forecast2.2%

Recent dividend updates

Recent updates

Cautious Investors Not Rewarding Zhejiang Wanma Co., Ltd.'s (SZSE:002276) Performance Completely

Jun 21
Cautious Investors Not Rewarding Zhejiang Wanma Co., Ltd.'s (SZSE:002276) Performance Completely

Here's Why We Think Zhejiang Wanma (SZSE:002276) Might Deserve Your Attention Today

Jun 06
Here's Why We Think Zhejiang Wanma (SZSE:002276) Might Deserve Your Attention Today

Investors Shouldn't Be Too Comfortable With Zhejiang Wanma's (SZSE:002276) Earnings

Apr 17
Investors Shouldn't Be Too Comfortable With Zhejiang Wanma's (SZSE:002276) Earnings

Is Zhejiang Wanma (SZSE:002276) A Risky Investment?

Apr 12
Is Zhejiang Wanma (SZSE:002276) A Risky Investment?

Zhejiang Wanma Co., Ltd.'s (SZSE:002276) Shares Bounce 31% But Its Business Still Trails The Market

Mar 06
Zhejiang Wanma Co., Ltd.'s (SZSE:002276) Shares Bounce 31% But Its Business Still Trails The Market

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002276's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002276's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Zhejiang Wanma Dividend Yield vs Market
How does 002276 dividend yield compare to the market?
SegmentDividend Yield
Company (002276)0.7%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.5%
Industry Average (Electrical)1.8%
Analyst forecast (002276) (up to 3 years)2.2%

Notable Dividend: 002276's dividend (0.74%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).

High Dividend: 002276's dividend (0.74%) is low compared to the top 25% of dividend payers in the CN market (2.54%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (11.5%), 002276's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (6.3%), 002276's dividend payments are thoroughly covered by cash flows.


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