Zhejiang Changsheng Sliding Bearings Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Changsheng Sliding Bearings is a dividend paying company with a current yield of 2.26% that is well covered by earnings.
Key information
2.3%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 5.1% |
| Dividend Growth | 9.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.403 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Recent updates
Zhejiang Changsheng Sliding Bearings Co., Ltd.'s (SZSE:300718) Shares Leap 40% Yet They're Still Not Telling The Full Story
Oct 08
Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Held Back By Insufficient Growth Even After Shares Climb 31%
Aug 21Does Zhejiang Changsheng Sliding Bearings (SZSE:300718) Have A Healthy Balance Sheet?
May 21Market Might Still Lack Some Conviction On Zhejiang Changsheng Sliding Bearings Co., Ltd. (SZSE:300718) Even After 28% Share Price Boost
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300718 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300718's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Zhejiang Changsheng Sliding Bearings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300718) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300718) (up to 3 years) | 5.1% |
Notable Dividend: 300718's dividend (2.26%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300718's dividend (2.26%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.7%), 300718's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.4%), 300718's dividend payments are covered by cash flows.