Zheshang Securities Dividends and Buybacks
Dividend criteria checks 3/6
Zheshang Securities is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.140 |
| Payout ratio | 32% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601878 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601878's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Zheshang Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601878) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Capital Markets) | 1.1% |
| Analyst forecast (601878) (up to 3 years) | 1.3% |
Notable Dividend: 601878's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601878's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), 601878's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19%), 601878's dividend payments are well covered by cash flows.