Zhejiang Guanghua TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Guanghua TechnologyLtd is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
-34.9%
Buyback Yield
| Total Shareholder Yield | -33.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.360 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Zhejiang Guanghua TechnologyLtd (SZSE:001333)
Nov 04
Zhejiang Guanghua TechnologyLtd's (SZSE:001333) Dividend Is Being Reduced To CN¥0.36
Jun 11Zhejiang Guanghua TechnologyLtd's (SZSE:001333) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 001333 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 001333 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Guanghua TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001333) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (001333) (up to 3 years) | n/a |
Notable Dividend: 001333's dividend (1.98%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 001333's dividend (1.98%) 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 (42.3%), 001333's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001333 is paying a dividend but the company has no free cash flows.