Zhejiang XinchaiLtd Dividend
Dividend criteria checks 1/6
Zhejiang XinchaiLtd is a dividend paying company with a current yield of 0.45% that is well covered by earnings.
Key information
0.4%
Dividend yield
17%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.18 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301032 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301032 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Zhejiang XinchaiLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301032) | 0.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (301032) | n/a |
Notable Dividend: 301032's dividend (0.45%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 301032's dividend (0.45%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.1%), 301032's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301032 is paying a dividend but the company has no free cash flows.