Zhongwang FabricLtd Dividend
Dividend criteria checks 3/6
Zhongwang FabricLtd is a dividend paying company with a current yield of 2.38% that is well covered by earnings.
Key information
2.4%
Dividend yield
14%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.91 |
Dividend yield forecast in 3Y | 2.4% |
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
Zhongwang FabricLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (605003) | 2.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Luxury) | 2.9% |
Analyst forecast in 3 Years (605003) | 2.4% |
Notable Dividend: 605003's dividend (2.38%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 605003's dividend (2.38%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.2%), 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.