Zhejiang Great Shengda PackagingLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Great Shengda PackagingLtd is a dividend paying company with a current yield of 0.62% that is well covered by earnings.
Key information
0.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0487 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Does Zhejiang Great Shengda PackagingLtd (SHSE:603687) Have A Healthy Balance Sheet?
Sep 27
Zhejiang Great Shengda PackagingLtd's (SHSE:603687) Earnings Are Of Questionable Quality
Aug 27Here's What's Concerning About Zhejiang Great Shengda PackagingLtd's (SHSE:603687) Returns On Capital
Aug 14Some Confidence Is Lacking In Zhejiang Great Shengda Packaging Co.,Ltd. (SHSE:603687) As Shares Slide 26%
May 28A Look At The Intrinsic Value Of Zhejiang Great Shengda Packaging Co.,Ltd. (SHSE:603687)
May 22Optimistic Investors Push Zhejiang Great Shengda Packaging Co.,Ltd. (SHSE:603687) Shares Up 32% But Growth Is Lacking
Mar 08Zhejiang Great Shengda PackagingLtd (SHSE:603687) Has A Pretty Healthy Balance Sheet
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603687 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603687's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Zhejiang Great Shengda PackagingLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603687) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Packaging) | 2.2% |
| Analyst forecast (603687) (up to 3 years) | n/a |
Notable Dividend: 603687's dividend (0.62%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603687's dividend (0.62%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.6%), 603687's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.6%), 603687's dividend payments are well covered by cash flows.