Zhejiang HangminLtd Dividends and Buybacks
Dividend criteria checks 6/6
Zhejiang HangminLtd is a dividend paying company with a current yield of 4.32% that is well covered by earnings.
Key information
4.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 7.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
Zhejiang HangminLtd (SHSE:600987) Has A Rock Solid Balance Sheet
Oct 03
Zhejiang HangminLtd's (SHSE:600987) Earnings Seem To Be Promising
Aug 19Estimating The Fair Value Of Zhejiang Hangmin Co.,Ltd (SHSE:600987)
Jul 19Zhejiang HangminLtd (SHSE:600987) Could Be Struggling To Allocate Capital
Jun 17Zhejiang Hangmin Co.,Ltd's (SHSE:600987) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Apr 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600987's dividends per share have been stable in the past 10 years.
Growing Dividend: 600987's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang HangminLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600987) | 4.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast (600987) (up to 3 years) | 4.3% |
Notable Dividend: 600987's dividend (4.32%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600987's dividend (4.32%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.5%), 600987's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.7%), 600987's dividend payments are well covered by cash flows.