Zhejiang Cayi Vacuum Container Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Cayi Vacuum Container is a dividend paying company with a current yield of 2.05% that is well covered by earnings.
Key information
2.0%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | -1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥2.000 |
| Payout ratio | 29% |
Recent dividend and buyback updates
No updates
Recent updates
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) | 2.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Consumer Durables) | 3.5% |
| Analyst forecast (301004) (up to 3 years) | 2.0% |
Notable Dividend: 301004's dividend (2.05%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301004's dividend (2.05%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), 301004's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.6%), 301004's dividend payments are covered by cash flows.