Zhejiang Oceanking Development Dividend
Dividend criteria checks 3/6
Zhejiang Oceanking Development is a dividend paying company with a current yield of 3.02% that is well covered by earnings.
Key information
3.0%
Dividend yield
52%
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¥0.54 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603213 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603213 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Zhejiang Oceanking Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603213) | 3.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (603213) | 3.0% |
Notable Dividend: 603213's dividend (3.02%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603213's dividend (3.02%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), 603213's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603213 is paying a dividend but the company has no free cash flows.