Zhejiang Wufangzhai Industry Dividend
Dividend criteria checks 3/6
Zhejiang Wufangzhai Industry is a dividend paying company with a current yield of 3.57% that is well covered by earnings.
Key information
3.6%
Dividend yield
88%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.13 |
Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603237 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603237 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Zhejiang Wufangzhai Industry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603237) | 3.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Food) | 2.2% |
Analyst forecast in 3 Years (603237) | 5.1% |
Notable Dividend: 603237's dividend (3.57%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603237's dividend (3.57%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.2%), 603237's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603237 is paying a dividend but the company has no free cash flows.