Zhejiang Gongdong Medical Technology Dividend
Dividend criteria checks 2/6
Zhejiang Gongdong Medical Technology is a dividend paying company with a current yield of 2% that is well covered by earnings.
Key information
2.0%
Dividend yield
72%
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 | 5.3% |
Recent dividend updates
No updates
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (605369) | 2.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Medical Equipment) | 1.6% |
Analyst forecast in 3 Years (605369) | 5.3% |
Notable Dividend: 605369's dividend (2%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 605369's dividend (2%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.1%), 605369's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (101.6%), 605369's dividend payments are not well covered by cash flows.