Zhejiang Extek Technology Co., Ltd.

XSEC:301399 Stock Report

Market Cap: CN¥2.7b

Zhejiang Extek Technology Dividend

Dividend criteria checks 2/6

Zhejiang Extek Technology is a dividend paying company with a current yield of 3.21%.

Key information

3.2%

Dividend yield

103%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.77
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 301399's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 301399's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Zhejiang Extek Technology Dividend Yield vs Market
How does 301399 dividend yield compare to the market?
SegmentDividend Yield
Company (301399)3.2%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Machinery)1.9%
Analyst forecast in 3 Years (301399)n/a

Notable Dividend: 301399's dividend (3.21%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).

High Dividend: 301399's dividend (3.21%) is in the top 25% of dividend payers in the CN market (2.43%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (103.1%), 301399's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 301399 is paying a dividend but the company has no free cash flows.


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