Zhejiang Qianjiang Biochemical Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Qianjiang Biochemical is a dividend paying company with a current yield of 0.63% that is well covered by earnings.
Key information
0.6%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 25.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.031 |
| Payout ratio | 13% |
Recent dividend and buyback updates
No updates
Recent updates
Zhejiang Qianjiang Biochemical Co., Ltd's (SHSE:600796) Prospects Need A Boost To Lift Shares
Oct 01
Zhejiang Qianjiang Biochemical (SHSE:600796) Shareholders Will Want The ROCE Trajectory To Continue
May 13There Is A Reason Zhejiang Qianjiang Biochemical Co., Ltd's (SHSE:600796) Price Is Undemanding
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600796's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600796's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Qianjiang Biochemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600796) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (600796) (up to 3 years) | n/a |
Notable Dividend: 600796's dividend (0.63%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600796's dividend (0.63%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.5%), 600796's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600796 is paying a dividend but the company has no free cash flows.