Zhejiang Kingland Pipeline and TechnologiesLtd Dividend
Dividend criteria checks 3/6
Zhejiang Kingland Pipeline and TechnologiesLtd is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
12%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.52 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability 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 (2443) | 1.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Energy Services) | 1.9% |
Analyst forecast in 3 Years (2443) | n/a |
Notable Dividend: 002443's dividend (1.01%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002443's dividend (1.01%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.6%), 002443's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.1%), 002443's dividend payments are thoroughly covered by cash flows.