Zhejiang Wansheng Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Wansheng is a dividend paying company with a current yield of 1.73% that is well covered by earnings.
Key information
1.7%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 15.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.185 |
| Payout ratio | 80% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603010 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603010's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Zhejiang Wansheng Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603010) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (603010) (up to 3 years) | 1.9% |
Notable Dividend: 603010's dividend (1.73%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603010's dividend (1.73%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.1%), 603010's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603010 is paying a dividend but the company has no free cash flows.