Zhejiang Huilong New MaterialsLtd Dividend
Dividend criteria checks 2/6
Zhejiang Huilong New MaterialsLtd is a dividend paying company with a current yield of 4.91%.
Key information
4.9%
Dividend yield
117%
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¥0.43 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301057 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301057's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Zhejiang Huilong New MaterialsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301057) | 4.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Luxury) | 3.0% |
Analyst forecast in 3 Years (301057) | n/a |
Notable Dividend: 301057's dividend (4.91%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301057's dividend (4.91%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (117.1%), 301057's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301057 is paying a dividend but the company has no free cash flows.