Zhejiang Wanma Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Wanma is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
-0.05%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | -0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.055 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002276's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002276's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Wanma Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002276) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002276) (up to 3 years) | 1.8% |
Notable Dividend: 002276's dividend (0.69%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002276's dividend (0.69%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.6%), 002276's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.7%), 002276's dividend payments are thoroughly covered by cash flows.