Zhongtai Securities Dividends and Buybacks
Dividend criteria checks 2/6
Zhongtai Securities is a dividend paying company with a current yield of 0.28% that is well covered by earnings.
Key information
0.3%
Dividend yield
-4.1%
Buyback Yield
| Total Shareholder Yield | -3.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | -48.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.020 |
| Payout ratio | 81% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600918 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600918 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhongtai Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600918) | 0.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Capital Markets) | 1.0% |
| Analyst forecast (600918) (up to 3 years) | n/a |
Notable Dividend: 600918's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600918's dividend (0.28%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.3%), 600918's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (0.5%), 600918's dividend payments are thoroughly covered by cash flows.