Zhejiang Shouxiangu Pharmaceutical Dividend
Dividend criteria checks 2/6
Zhejiang Shouxiangu Pharmaceutical is a dividend paying company with a current yield of 1.8% that is well covered by earnings.
Key information
1.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 16.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.390 |
| Payout ratio | 33% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603896 has been paying a dividend for less than 10 years.
Growing Dividend: 603896's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Zhejiang Shouxiangu Pharmaceutical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603896) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Personal Products) | 2.7% |
| Analyst forecast (603896) (up to 3 years) | 2.7% |
Notable Dividend: 603896's dividend (1.8%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 603896's dividend (1.8%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 603896's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603896 is paying a dividend but the company has no free cash flows.