Zhejiang Yankon Group Dividends and Buybacks
Dividend criteria checks 5/6
Zhejiang Yankon Group is a dividend paying company with a current yield of 4.09% that is well covered by earnings.
Key information
4.1%
Dividend yield
2.8%
Buyback Yield
| Total Shareholder Yield | 6.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.130 |
| Payout ratio | 76% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600261's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600261's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Yankon Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600261) | 4.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.4% |
| Analyst forecast (600261) (up to 3 years) | n/a |
Notable Dividend: 600261's dividend (4.09%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600261's dividend (4.09%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.8%), 600261's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.2%), 600261's dividend payments are well covered by cash flows.