Zheshang Securities Dividend
Dividend criteria checks 3/6
Zheshang Securities is a dividend paying company with a current yield of 1.29% that is well covered by earnings.
Key information
1.3%
Dividend yield
33%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.140 |
Earnings per share | CN¥0.42 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
No updates
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 |
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Segment | Dividend Yield |
---|---|
Company (601878) | 1.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Capital Markets) | 1.9% |
Analyst forecast in 3 Years (601878) | 1.8% |
Notable Dividend: 601878's dividend (1.29%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 601878's dividend (1.29%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), 601878's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.8%), 601878's dividend payments are thoroughly covered by cash flows.