Zhejiang Zhaolong Interconnect TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Zhaolong Interconnect TechnologyLtd is a dividend paying company with a current yield of 0.38% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 0.6% |
| Dividend Growth | -7.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Zhejiang Zhaolong Interconnect Technology Co.,Ltd.'s (SZSE:300913) Shares Climb 33% But Its Business Is Yet to Catch Up
Oct 14
Zhejiang Zhaolong Interconnect TechnologyLtd (SZSE:300913) Is Reinvesting At Lower Rates Of Return
Oct 02Zhejiang Zhaolong Interconnect TechnologyLtd's (SZSE:300913) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Sep 05Why We're Not Concerned About Zhejiang Zhaolong Interconnect Technology Co.,Ltd.'s (SZSE:300913) Share Price
Aug 22Zhejiang Zhaolong Interconnect TechnologyLtd (SZSE:300913) Could Be Struggling To Allocate Capital
May 27Risks Still Elevated At These Prices As Zhejiang Zhaolong Interconnect Technology Co.,Ltd. (SZSE:300913) Shares Dive 28%
Apr 21Zhejiang Zhaolong Interconnect Technology Co.,Ltd. (SZSE:300913) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300913 has been paying a dividend for less than 10 years.
Growing Dividend: 300913's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Zhejiang Zhaolong Interconnect TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300913) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300913) (up to 3 years) | 0.6% |
Notable Dividend: 300913's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300913's dividend (0.38%) 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 (26.1%), 300913's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.5%), 300913's dividend payments are covered by cash flows.