Zhejiang Wufangzhai Industry Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Wufangzhai Industry is a dividend paying company with a current yield of 4.06%.
Key information
4.1%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 5.5% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 49.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.714 |
| Payout ratio | 103% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603237) | 4.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Food) | 2.2% |
| Analyst forecast (603237) (up to 3 years) | 3.8% |
Notable Dividend: 603237's dividend (4.06%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603237's dividend (4.06%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (103.2%), 603237's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.3%), 603237's dividend payments are covered by cash flows.