Zhejiang Chint Electrics Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Chint Electrics is a dividend paying company with a current yield of 2.48% that is well covered by earnings.
Key information
2.5%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | -4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.550 |
| Payout ratio | 28% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601877's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601877's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Zhejiang Chint Electrics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601877) | 2.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (601877) (up to 3 years) | 3.7% |
Notable Dividend: 601877's dividend (2.48%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601877's dividend (2.48%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.1%), 601877's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.5%), 601877's dividend payments are well covered by cash flows.