Zhejiang Cady Industry Co., Ltd.

SHSE:603073 Stock Report

Market Cap: CN¥1.8b

Zhejiang Cady Industry Dividends and Buybacks

Dividend criteria checks 2/6

Zhejiang Cady Industry is a dividend paying company with a current yield of 1.94% that is well covered by earnings.

Key information

1.9%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield1.9%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.300
Payout ratio40%

Recent dividend and buyback updates

No updates

Recent updates

Investors Could Be Concerned With Zhejiang Cady Industry's (SHSE:603073) Returns On Capital

Oct 02
Investors Could Be Concerned With Zhejiang Cady Industry's (SHSE:603073) Returns On Capital

Zhejiang Cady Industry (SHSE:603073) Might Be Having Difficulty Using Its Capital Effectively

Apr 03
Zhejiang Cady Industry (SHSE:603073) Might Be Having Difficulty Using Its Capital Effectively

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 603073's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 603073's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Zhejiang Cady Industry Dividend Yield vs Market
How does 603073 dividend yield compare to the market?
SegmentDividend Yield
Company (603073)1.9%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Luxury)3.1%
Analyst forecast (603073) (up to 3 years)n/a

Notable Dividend: 603073's dividend (1.94%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603073's dividend (1.94%) is low compared to the top 25% of dividend payers in the CN market (2.16%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.9%), 603073's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603073 is paying a dividend but the company has no free cash flows.


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