Zhongjing Food Dividends and Buybacks
Dividend criteria checks 3/6
Zhongjing Food is a dividend paying company with a current yield of 2.14% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 27th December, 2024.
Key information
2.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 21.4% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | CN¥0.685 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
Zhongjing Food's (SZSE:300908) Returns On Capital Not Reflecting Well On The Business
Nov 29
Zhongjing Food Co., Ltd. (SZSE:300908) Shares Fly 27% But Investors Aren't Buying For Growth
Sep 30Capital Allocation Trends At Zhongjing Food (SZSE:300908) Aren't Ideal
May 22Zhongjing Food (SZSE:300908) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 15Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300908 has been paying a dividend for less than 10 years.
Growing Dividend: 300908's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Zhongjing Food Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300908) | 2.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Food) | 2.1% |
| Analyst forecast (300908) (up to 3 years) | 3.9% |
Notable Dividend: 300908's dividend (2.14%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300908's dividend (2.14%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.2%), 300908's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (431.3%), 300908's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:46 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhongjing Food Co., Ltd. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Huijing Yan | Haitong International Research Limited |
| Zhang Liu | Tianfeng Securities Brokerage Co., Ltd |
| Jinsong Fan | Zhongtai Securities Co. Ltd. |