Zhejiang Gongdong Medical Technology Dividend
Dividend criteria checks 2/6
Zhejiang Gongdong Medical Technology is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
51%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.11 |
| Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
No updates
Recent updates
Estimating The Intrinsic Value Of Zhejiang Gongdong Medical Technology Co., Ltd. (SHSE:605369)
Mar 28
Zhejiang Gongdong Medical Technology Co., Ltd. (SHSE:605369) Looks Just Right With A 27% Price Jump
Mar 06Zhejiang Gongdong Medical Technology (SHSE:605369) Is Reinvesting At Lower Rates Of Return
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605369 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605369 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Gongdong Medical Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605369) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Medical Equipment) | 1.6% |
| Analyst forecast in 3 Years (605369) | 4.7% |
Notable Dividend: 605369's dividend (1.98%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605369's dividend (1.98%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.9%), 605369's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (127%), 605369's dividend payments are not well covered by cash flows.