Zhejiang Jianye Chemical Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Jianye Chemical is a dividend paying company with a current yield of 5.29% that is well covered by earnings.
Key information
5.3%
Dividend yield
0.002%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 43.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Payout ratio | 66% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603948 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603948's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Zhejiang Jianye Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603948) | 5.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (603948) (up to 3 years) | n/a |
Notable Dividend: 603948's dividend (5.29%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603948's dividend (5.29%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66%), 603948's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.5%), 603948's dividend payments are well covered by cash flows.