Zhejiang Weixing New Building Materials Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Weixing New Building Materials is a dividend paying company with a current yield of 1.49%.
Key information
1.5%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | -2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 119% |
Recent dividend and buyback updates
Recent updates
Estimating The Intrinsic Value Of Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372)
Nov 18
Zhejiang Weixing New Building Materials Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 01Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Shares Fly 37% But Investors Aren't Buying For Growth
Oct 07Results: Zhejiang Weixing New Building Materials Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 26Are Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Investors Paying Above The Intrinsic Value?
Aug 12Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Looks Inexpensive But Perhaps Not Attractive Enough
Jul 26Zhejiang Weixing New Building Materials (SZSE:002372) Might Become A Compounding Machine
Jun 12The Zhejiang Weixing New Building Materials Co., Ltd. (SZSE:002372) Annual Results Are Out And Analysts Have Published New Forecasts
Apr 10Zhejiang Weixing New Building Materials (SZSE:002372) Knows How To Allocate Capital
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002372's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002372's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Weixing New Building Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002372) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Building) | 2.5% |
| Analyst forecast (002372) (up to 3 years) | 5.3% |
Notable Dividend: 002372's dividend (1.49%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 002372's dividend (1.49%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (118.9%), 002372's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32%), 002372's dividend payments are well covered by cash flows.