Zhejiang Orient Financial Holdings Group Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Orient Financial Holdings Group is a dividend paying company with a current yield of 1.28% that is well covered by earnings.
Key information
1.3%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.058 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600120's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600120's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Zhejiang Orient Financial Holdings Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600120) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Capital Markets) | 1.1% |
| Analyst forecast (600120) (up to 3 years) | n/a |
Notable Dividend: 600120's dividend (1.28%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600120's dividend (1.28%) 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 (41.4%), 600120's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.7%), 600120's dividend payments are thoroughly covered by cash flows.