Zhejiang Jiaxin SilkLtd Dividend
Dividend criteria checks 6/6
Zhejiang Jiaxin SilkLtd is a dividend paying company with a current yield of 5.63% that is well covered by earnings.
Key information
5.6%
Dividend yield
79%
Payout ratio
Industry average yield | 3.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.300 |
Earnings per share | CN¥0.38 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002404's dividends per share have been stable in the past 10 years.
Growing Dividend: 002404's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zhejiang Jiaxin SilkLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (002404) | 5.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Luxury) | 3.7% |
Analyst forecast in 3 Years (002404) | n/a |
Notable Dividend: 002404's dividend (5.63%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002404's dividend (5.63%) is in the top 25% of dividend payers in the CN market (2.62%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.9%), 002404's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.8%), 002404's dividend payments are covered by cash flows.