Zhejiang Wansheng Dividend
Dividend criteria checks 2/6
Zhejiang Wansheng is a dividend paying company with a current yield of 2.05% that is well covered by earnings.
Key information
2.1%
Dividend yield
64%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.30 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603010 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603010's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Zhejiang Wansheng Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603010) | 2.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Chemicals) | 2.0% |
Analyst forecast in 3 Years (603010) | 2.2% |
Notable Dividend: 603010's dividend (2.05%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 603010's dividend (2.05%) is low compared to the top 25% of dividend payers in the CN market (2.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.7%), 603010's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603010 is paying a dividend but the company has no free cash flows.