Zhejiang Gongdong Medical Technology Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Gongdong Medical Technology is a dividend paying company with a current yield of 2.01% that is well covered by earnings.
Key information
2.0%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 5.1% |
| Dividend Growth | 16.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
There Are Reasons To Feel Uneasy About Zhejiang Gongdong Medical Technology's (SHSE:605369) Returns On Capital
Sep 23
Zhejiang Gongdong Medical Technology Co., Ltd.'s (SHSE:605369) P/E Still Appears To Be Reasonable
Jun 07Estimating The Intrinsic Value Of Zhejiang Gongdong Medical Technology Co., Ltd. (SHSE:605369)
Mar 28Zhejiang 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) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (605369) (up to 3 years) | 5.1% |
Notable Dividend: 605369's dividend (2.01%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 605369's dividend (2.01%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), 605369's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108.8%), 605369's dividend payments are not well covered by cash flows.