Zhong Wang FabricLtd Dividend
Dividend criteria checks 3/6
Zhong Wang FabricLtd is a dividend paying company with a current yield of 2.57% that is well covered by earnings.
Key information
2.6%
Dividend yield
14%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.410 |
| Earnings per share | CN¥2.93 |
| Dividend yield forecast | 2.6% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605003 has been paying a dividend for less than 10 years.
Growing Dividend: 605003's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Zhong Wang FabricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605003) | 2.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Luxury) | 3.3% |
| Analyst forecast (605003) (up to 3 years) | 2.6% |
Notable Dividend: 605003's dividend (2.57%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 605003's dividend (2.57%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), 605003's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605003 is paying a dividend but the company has no free cash flows.