Zhejiang Hisun BiomaterialsLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Hisun BiomaterialsLtd is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688203 has been paying a dividend for less than 10 years.
Growing Dividend: 688203's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Zhejiang Hisun BiomaterialsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688203) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688203) (up to 3 years) | n/a |
Notable Dividend: 688203's dividend (0.8%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688203's dividend (0.8%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), 688203's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688203 is paying a dividend but the company has no free cash flows.