Zhejiang Zhenyuan ShareLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Zhenyuan ShareLtd is a dividend paying company with a current yield of 0.74% that is well covered by earnings.
Key information
0.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000705 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000705's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Zhejiang Zhenyuan ShareLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000705) | 0.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Healthcare) | 1.7% |
| Analyst forecast (000705) (up to 3 years) | n/a |
Notable Dividend: 000705's dividend (0.74%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 000705's dividend (0.74%) 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 (36.2%), 000705's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000705 is paying a dividend but the company has no free cash flows.