Zhejiang Yonggui Electric Equipment Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Yonggui Electric Equipment is a dividend paying company with a current yield of 0.55% that is well covered by earnings.
Key information
0.5%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 0.2% |
| Future Dividend Yield | 0.4% |
| Dividend Growth | -0.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 35% |
Recent dividend and buyback updates
No updates
Recent updates
Zhejiang Yonggui Electric Equipment (SZSE:300351) Is Experiencing Growth In Returns On Capital
Sep 28
Zhejiang Yonggui Electric Equipment Co., Ltd.'s (SZSE:300351) P/E Is On The Mark
Aug 09Zhejiang Yonggui Electric Equipment's (SZSE:300351) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 15Zhejiang Yonggui Electric Equipment (SZSE:300351) May Have Issues Allocating Its Capital
Mar 26Zhejiang Yonggui Electric Equipment Co., Ltd.'s (SZSE:300351) 30% Jump Shows Its Popularity With Investors
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300351's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300351's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Yonggui Electric Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300351) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300351) (up to 3 years) | 0.4% |
Notable Dividend: 300351's dividend (0.55%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300351's dividend (0.55%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.8%), 300351's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300351 is paying a dividend but the company has no free cash flows.