Zhejiang Kingland Pipeline and TechnologiesLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Kingland Pipeline and TechnologiesLtd is a dividend paying company with a current yield of 0.98% that is well covered by earnings.
Key information
1.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 5.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Some May Be Optimistic About Zhejiang Kingland Pipeline and TechnologiesLtd's (SZSE:002443) Earnings
Nov 06
Zhejiang Kingland Pipeline and Technologies Co.,Ltd. (SZSE:002443) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 01Zhejiang Kingland Pipeline and Technologies Co.,Ltd.'s (SZSE:002443) Earnings Are Not Doing Enough For Some Investors
Apr 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002443's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002443's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Zhejiang Kingland Pipeline and TechnologiesLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002443) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Energy Services) | 1.6% |
| Analyst forecast (002443) (up to 3 years) | n/a |
Notable Dividend: 002443's dividend (0.98%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002443's dividend (0.98%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.3%), 002443's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.7%), 002443's dividend payments are thoroughly covered by cash flows.