Zhejiang Cayi Vacuum Container Dividend
Dividend criteria checks 4/6
Zhejiang Cayi Vacuum Container is a dividend paying company with a current yield of 2.46% that is well covered by earnings.
Key information
2.5%
Dividend yield
38%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥5.06 |
| Dividend yield forecast in 3Y | 2.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301004 has been paying a dividend for less than 10 years.
Growing Dividend: 301004's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Zhejiang Cayi Vacuum Container Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301004) | 2.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Consumer Durables) | 3.4% |
| Analyst forecast in 3 Years (301004) | 2.0% |
Notable Dividend: 301004's dividend (2.46%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301004's dividend (2.46%) is in the top 25% of dividend payers in the CN market (2.3%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.2%), 301004's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.6%), 301004's dividend payments are covered by cash flows.