Zhejiang Red Dragonfly Footwear Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Red Dragonfly Footwear is a dividend paying company with a current yield of 2.99%.
Key information
3.0%
Dividend yield
1.8%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 12.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | -1,400% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603116 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603116's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Zhejiang Red Dragonfly Footwear Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603116) | 3.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast (603116) (up to 3 years) | n/a |
Notable Dividend: 603116's dividend (2.99%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603116's dividend (2.99%) is in the top 25% of dividend payers in the CN market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: 603116 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (152.1%), 603116's dividend payments are not well covered by cash flows.