Zhejiang Communications Technology Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Communications Technology is a dividend paying company with a current yield of 2.97% that is well covered by earnings.
Key information
3.0%
Dividend yield
-9.1%
Buyback Yield
| Total Shareholder Yield | -6.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.125 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002061's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002061's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Communications Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002061) | 3.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Construction) | 3.2% |
| Analyst forecast (002061) (up to 3 years) | n/a |
Notable Dividend: 002061's dividend (2.97%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002061's dividend (2.97%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.7%), 002061's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002061 is paying a dividend but the company has no free cash flows.