Zhejiang Dafeng Industry Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Dafeng Industry is a dividend paying company with a current yield of 0.48% that is well covered by earnings.
Key information
0.5%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 12.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Payout ratio | 67% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603081 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603081 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Dafeng Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603081) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Commercial Services) | 1.4% |
| Analyst forecast (603081) (up to 3 years) | 1.7% |
Notable Dividend: 603081's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603081's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.4%), 603081's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.7%), 603081's dividend payments are well covered by cash flows.