Zhejiang Jasan Holding Group Dividend
Dividend criteria checks 3/6
Zhejiang Jasan Holding Group is a dividend paying company with a current yield of 4.39%. Next payment date is on 6th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
4.4%
Dividend yield
124%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 06 May 24 |
| Ex dividend date | 06 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.86 |
| Dividend yield forecast in 3Y | 7.1% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603558 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603558's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Zhejiang Jasan Holding Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603558) | 4.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast in 3 Years (603558) | 7.1% |
Notable Dividend: 603558's dividend (4.39%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603558's dividend (4.39%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (124.2%), 603558's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.5%), 603558's dividend payments are covered by cash flows.