Zhe Jiang Dayang Biotech Group Dividend
Dividend criteria checks 3/6
Zhe Jiang Dayang Biotech Group is a dividend paying company with a current yield of 3.04% that is well covered by earnings.
Key information
3.0%
Dividend yield
49%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.88 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003017 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003017's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Zhe Jiang Dayang Biotech Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (3017) | 3.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (3017) | n/a |
Notable Dividend: 003017's dividend (3.04%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 003017's dividend (3.04%) is in the top 25% of dividend payers in the CN market (2.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49%), 003017's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (187.4%), 003017's dividend payments are not well covered by cash flows.