Zhejiang Weiming Environment Protection Dividend
Dividend criteria checks 2/6
Zhejiang Weiming Environment Protection is a dividend paying company with a current yield of 1.32% that is well covered by earnings.
Key information
1.3%
Dividend yield
19%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.250 |
Earnings per share | CN¥1.33 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603568 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603568's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Zhejiang Weiming Environment Protection Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603568) | 1.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.7% |
Industry Average (Commercial Services) | 1.7% |
Analyst forecast in 3 Years (603568) | 1.3% |
Notable Dividend: 603568's dividend (1.32%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 603568's dividend (1.32%) is low compared to the top 25% of dividend payers in the CN market (2.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.8%), 603568's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (452.1%), 603568's dividend payments are not well covered by cash flows.