Zhejiang Walrus New Material Dividend
Dividend criteria checks 2/6
Zhejiang Walrus New Material is a dividend paying company with a current yield of 8.4%.
Key information
8.4%
Dividend yield
-852%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.200 |
| Earnings per share | -CN¥0.10 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 003011 has been paying a dividend for less than 10 years.
Growing Dividend: 003011's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Zhejiang Walrus New Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (003011) | 8.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Building) | 2.5% |
| Analyst forecast (003011) (up to 3 years) | n/a |
Notable Dividend: 003011's dividend (8.4%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 003011's dividend (8.4%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: 003011 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (16157%), 003011's dividend payments are not well covered by cash flows.