Zhejiang Zhengte Co., Ltd.

SZSE:001238 Stock Report

Market Cap: CN¥2.9b

Zhejiang Zhengte Dividends and Buybacks

Dividend criteria checks 0/6

Zhejiang Zhengte is a dividend paying company with a current yield of 0.27%.

Key information

0.3%

Dividend yield

0.02%

Buyback Yield

Total Shareholder Yield0.3%
Future Dividend Yield0.3%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.070
Payout ratio54%

Recent dividend and buyback updates

Recent updates

There May Be Reason For Hope In Zhejiang Zhengte's (SZSE:001238) Disappointing Earnings

May 09
There May Be Reason For Hope In Zhejiang Zhengte's (SZSE:001238) Disappointing Earnings

Zhejiang Zhengte (SZSE:001238) Will Want To Turn Around Its Return Trends

Feb 26
Zhejiang Zhengte (SZSE:001238) Will Want To Turn Around Its Return Trends

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 001238 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 001238 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Zhejiang Zhengte Dividend Yield vs Market
How does 001238 dividend yield compare to the market?
SegmentDividend Yield
Company (001238)0.3%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Consumer Durables)3.6%
Analyst forecast (001238) (up to 3 years)0.3%

Notable Dividend: 001238's dividend (0.27%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 001238's dividend (0.27%) is low compared to the top 25% of dividend payers in the CN market (2.15%).


Earnings Payout to Shareholders

Earnings Coverage: 001238 is not paying a notable dividend for the CN market.


Cash Payout to Shareholders

Cash Flow Coverage: 001238 is paying a dividend but the company has no free cash flows.


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