Zhejiang Gongdong Medical Technology Dividend
Dividend criteria checks 2/6
Zhejiang Gongdong Medical Technology is a dividend paying company with a current yield of 1.93% that is well covered by earnings.
Key information
1.9%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 16.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 21% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605369) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.6% |
| Analyst forecast (605369) (up to 3 years) | 4.9% |
Notable Dividend: 605369's dividend (1.93%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 605369's dividend (1.93%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.9%), 605369's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (109.2%), 605369's dividend payments are not well covered by cash flows.