Zhejiang Linuo Flow Control TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Linuo Flow Control TechnologyLtd is a dividend paying company with a current yield of 1.92% that is well covered by earnings.
Key information
1.9%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 42.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Recent updates
Zhejiang Linuo Flow Control Technology Co.,Ltd's (SZSE:300838) Low P/E No Reason For Excitement
Sep 30
It's A Story Of Risk Vs Reward With Zhejiang Linuo Flow Control Technology Co.,Ltd (SZSE:300838)
Jun 07The Market Lifts Zhejiang Linuo Flow Control Technology Co.,Ltd (SZSE:300838) Shares 33% But It Can Do More
Mar 08Zhejiang Linuo Flow Control TechnologyLtd (SZSE:300838) Could Be Struggling To Allocate Capital
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300838 has been paying a dividend for less than 10 years.
Growing Dividend: 300838's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Zhejiang Linuo Flow Control TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300838) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300838) (up to 3 years) | n/a |
Notable Dividend: 300838's dividend (1.92%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300838's dividend (1.92%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.1%), 300838's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.3%), 300838's dividend payments are well covered by cash flows.