Zhejiang Weixing Industrial Development Dividend
Dividend criteria checks 5/6
Zhejiang Weixing Industrial Development is a dividend paying company with a current yield of 3.72% that is well covered by earnings.
Key information
3.7%
Dividend yield
83%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.49 |
| Dividend yield forecast in 3Y | 4.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002003's dividends per share have been stable in the past 10 years.
Growing Dividend: 002003's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Weixing Industrial Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2003) | 3.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast in 3 Years (2003) | 4.8% |
Notable Dividend: 002003's dividend (3.72%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002003's dividend (3.72%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.7%), 002003's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (402.8%), 002003's dividend payments are not well covered by cash flows.