Zhejiang Longsheng GroupLtd Dividends and Buybacks
Dividend criteria checks 5/6
Zhejiang Longsheng GroupLtd is a dividend paying company with a current yield of 3.9% that is well covered by earnings.
Key information
3.9%
Dividend yield
-2.3%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 7.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600352's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600352's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Longsheng GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600352) | 3.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (600352) (up to 3 years) | 3.8% |
Notable Dividend: 600352's dividend (3.9%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600352's dividend (3.9%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.2%), 600352's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.9%), 600352's dividend payments are well covered by cash flows.