Zhejiang Jinghua Laser TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Jinghua Laser TechnologyLtd is a dividend paying company with a current yield of 2.3% that is well covered by earnings.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 85% |
Recent dividend and buyback updates
No updates
Recent updates
Optimistic Investors Push Zhejiang Jinghua Laser Technology Co.,Ltd (SHSE:603607) Shares Up 30% But Growth Is Lacking
Sep 24
Returns On Capital At Zhejiang Jinghua Laser TechnologyLtd (SHSE:603607) Have Stalled
Aug 28Zhejiang Jinghua Laser Technology Co.,Ltd's (SHSE:603607) Share Price Not Quite Adding Up
Jul 19There Are Reasons To Feel Uneasy About Zhejiang Jinghua Laser TechnologyLtd's (SHSE:603607) Returns On Capital
Mar 26Risks To Shareholder Returns Are Elevated At These Prices For Zhejiang Jinghua Laser Technology Co.,Ltd (SHSE:603607)
Mar 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603607 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603607's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Zhejiang Jinghua Laser TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603607) | 2.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Forestry) | 1.9% |
| Analyst forecast (603607) (up to 3 years) | n/a |
Notable Dividend: 603607's dividend (2.3%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603607's dividend (2.3%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85%), 603607's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (331.1%), 603607's dividend payments are not well covered by cash flows.