Zhe Jiang Hai Liang Dividend
Dividend criteria checks 3/6
Zhe Jiang Hai Liang is a dividend paying company with a current yield of 2.11% that is well covered by earnings.
Key information
2.1%
Dividend yield
33%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.170 |
| Earnings per share | CN¥0.51 |
| Dividend yield forecast | 3.5% |
Recent dividend updates
Recent updates
Zhe Jiang Hai Liang's (SZSE:002203) Problems Go Beyond Weak Profit
Sep 06
Here's Why Zhe Jiang Hai Liang (SZSE:002203) Has A Meaningful Debt Burden
Aug 16Zhe Jiang Hai Liang (SZSE:002203) Has Announced That It Will Be Increasing Its Dividend To CN¥0.17
Jul 12Improved Earnings Required Before Zhe Jiang Hai Liang Co., Ltd (SZSE:002203) Shares Find Their Feet
May 21If EPS Growth Is Important To You, Zhe Jiang Hai Liang (SZSE:002203) Presents An Opportunity
Apr 08Zhe Jiang Hai Liang (SZSE:002203) Is Reinvesting At Lower Rates Of Return
Mar 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002203's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002203's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhe Jiang Hai Liang Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002203) | 2.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Metals and Mining) | 2.9% |
| Analyst forecast (002203) (up to 3 years) | 3.5% |
Notable Dividend: 002203's dividend (2.11%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 002203's dividend (2.11%) is low compared to the top 25% of dividend payers in the CN market (2.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), 002203's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002203 is paying a dividend but the company has no free cash flows.