Zhejiang Longsheng GroupLtd Dividend
Dividend criteria checks 5/6
Zhejiang Longsheng GroupLtd is a dividend paying company with a current yield of 2.73% that is well covered by earnings.
Key information
2.7%
Dividend yield
57%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.44 |
Dividend yield forecast in 3Y | 3.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600352's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600352's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zhejiang Longsheng GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600352) | 2.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (600352) | 3.5% |
Notable Dividend: 600352's dividend (2.73%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600352's dividend (2.73%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.8%), 600352's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.4%), 600352's dividend payments are covered by cash flows.