Zhejiang grandwall electric science&technologyltd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang grandwall electric science&technologyltd is a dividend paying company with a current yield of 9.86%.
Key information
9.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 37.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥2.200 |
| Payout ratio | 154% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603897 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603897's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Zhejiang grandwall electric science&technologyltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603897) | 9.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (603897) (up to 3 years) | n/a |
Notable Dividend: 603897's dividend (9.86%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603897's dividend (9.86%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (154%), 603897's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603897 is paying a dividend but the company has no free cash flows.