Zhejiang Weihua New Material Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Weihua New Material is a dividend paying company with a current yield of 4.38% that is well covered by earnings.
Key information
4.4%
Dividend yield
-24.2%
Buyback Yield
| Total Shareholder Yield | -19.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.800 |
| Payout ratio | 42% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603310's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603310's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Zhejiang Weihua New Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603310) | 4.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (603310) (up to 3 years) | n/a |
Notable Dividend: 603310's dividend (4.38%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603310's dividend (4.38%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.1%), 603310's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603310 is paying a dividend but the company has no free cash flows.