Zhejiang Hengwei Battery Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Hengwei Battery is a dividend paying company with a current yield of 1.09% that is well covered by earnings.
Key information
1.1%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
We Think That There Are More Issues For Zhejiang Hengwei Battery (SZSE:301222) Than Just Sluggish Earnings
Nov 06
Zhejiang Hengwei Battery Co., Ltd.'s (SZSE:301222) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
Oct 26Zhejiang Hengwei Battery's (SZSE:301222) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 05Zhejiang Hengwei Battery's (SZSE:301222) Profits May Not Reveal Underlying Issues
May 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301222's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301222's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Zhejiang Hengwei Battery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301222) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301222) (up to 3 years) | n/a |
Notable Dividend: 301222's dividend (1.09%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301222's dividend (1.09%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.4%), 301222's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301222 is paying a dividend but the company has no free cash flows.