Zhongyan Technology Dividend
Dividend criteria checks 2/6
Zhongyan Technology is a dividend paying company with a current yield of 0.84% that is well covered by earnings.
Key information
0.8%
Dividend yield
81%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.26 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003001 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003001 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhongyan Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3001) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Construction) | 3.3% |
| Analyst forecast in 3 Years (3001) | n/a |
Notable Dividend: 003001's dividend (0.84%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 003001's dividend (0.84%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.6%), 003001's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 003001 is paying a dividend but the company has no free cash flows.