Zhejiang Weiming Environment Protection Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Weiming Environment Protection is a dividend paying company with a current yield of 1.17% that is well covered by earnings.
Key information
1.2%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 10.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 16% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603568) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Commercial Services) | 1.3% |
| Analyst forecast (603568) (up to 3 years) | 1.2% |
Notable Dividend: 603568's dividend (1.17%) is higher than the bottom 25% of dividend payers in the CN market (0.52%).
High Dividend: 603568's dividend (1.17%) is low compared to the top 25% of dividend payers in the CN market (2.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.4%), 603568's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603568 is paying a dividend but the company has no free cash flows.