Zhejiang TaitanLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang TaitanLtd is a dividend paying company with a current yield of 3.39%.
Key information
3.4%
Dividend yield
-10.9%
Buyback Yield
| Total Shareholder Yield | -7.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 59.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.420 |
| Payout ratio | 100% |
Recent dividend and buyback updates
Recent updates
Zhejiang Taitan Co.,Ltd.'s (SZSE:003036) Shares Bounce 28% But Its Business Still Trails The Market
Nov 21
Zhejiang TaitanLtd's (SZSE:003036) Upcoming Dividend Will Be Larger Than Last Year's
May 21We Like The Quality Of Zhejiang TaitanLtd's (SZSE:003036) Earnings
Apr 23Be Wary Of Zhejiang TaitanLtd (SZSE:003036) And Its Returns On Capital
Apr 16Zhejiang Taitan Co.,Ltd. (SZSE:003036) Surges 38% Yet Its Low P/E Is No Reason For Excitement
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 003036 has been paying a dividend for less than 10 years.
Growing Dividend: 003036's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Zhejiang TaitanLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (003036) | 3.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (003036) (up to 3 years) | n/a |
Notable Dividend: 003036's dividend (3.39%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 003036's dividend (3.39%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.9%), 003036's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (448%), 003036's dividend payments are not well covered by cash flows.