Zhejiang Zhongcheng Packing Material Dividend
Dividend criteria checks 3/6
Zhejiang Zhongcheng Packing Material is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
39%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.035 |
Earnings per share | CN¥0.089 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002522's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002522's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Zhejiang Zhongcheng Packing Material Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002522) | 1.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast (002522) (up to 3 years) | n/a |
Notable Dividend: 002522's dividend (1.01%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002522's dividend (1.01%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.6%), 002522's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.3%), 002522's dividend payments are well covered by cash flows.