Zhejiang Runtu Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Runtu is a dividend paying company with a current yield of 2.24%.
Key information
2.2%
Dividend yield
-0.06%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 185% |
Recent dividend and buyback updates
Recent updates
Zhejiang Runtu's (SZSE:002440) Conservative Accounting Might Explain Soft Earnings
Nov 06
Is Zhejiang Runtu (SZSE:002440) A Risky Investment?
Sep 26Zhejiang Runtu Co., Ltd.'s (SZSE:002440) Business And Shares Still Trailing The Industry
Jul 29Zhejiang Runtu (SZSE:002440) Is Reducing Its Dividend To CN¥0.15
Jun 21Is Zhejiang Runtu (SZSE:002440) Using Too Much Debt?
Jun 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002440's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002440's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Zhejiang Runtu Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002440) | 2.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002440) (up to 3 years) | 1.2% |
Notable Dividend: 002440's dividend (2.24%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002440's dividend (2.24%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (184.6%), 002440's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (130.8%), 002440's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 20:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Runtu Co., Ltd. is covered by 15 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kaiming Fu | China International Capital Corporation Limited |
| Xiling Li | China International Capital Corporation Limited |
| Zheng Zhou | China Merchants Securities Co. Ltd. |