Zhejiang Cayi Vacuum Container Dividend
Dividend criteria checks 3/6
Zhejiang Cayi Vacuum Container is a dividend paying company with a current yield of 1.72% that is well covered by earnings.
Key information
1.7%
Dividend yield
29%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥2.000 |
| Earnings per share | CN¥6.64 |
| Future Dividend Yield | 1.7% |
Recent dividend 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) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Consumer Durables) | 3.4% |
| Analyst forecast (301004) (up to 3 years) | 1.7% |
Notable Dividend: 301004's dividend (1.72%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301004's dividend (1.72%) is low compared to the top 25% of dividend payers in the CN market (2.18%).
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.