Zhejiang Publishing & Media Dividend
Dividend criteria checks 3/6
Zhejiang Publishing & Media is a dividend paying company with a current yield of 4.99% that is well covered by earnings.
Key information
5.0%
Dividend yield
67%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.390 |
| Earnings per share | CN¥0.58 |
| Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
No updates
Recent updates
A Look At The Fair Value Of Zhejiang Publishing & Media Co., Ltd. (SHSE:601921)
Jul 13
Zhejiang Publishing & Media's (SHSE:601921) Shareholders May Want To Dig Deeper Than Statutory Profit
May 01An Intrinsic Calculation For Zhejiang Publishing & Media Co., Ltd. (SHSE:601921) Suggests It's 32% Undervalued
Apr 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601921 has been paying a dividend for less than 10 years.
Growing Dividend: 601921's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Zhejiang Publishing & Media Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601921) | 5.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Media) | 2.6% |
| Analyst forecast in 3 Years (601921) | 5.0% |
Notable Dividend: 601921's dividend (4.99%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 601921's dividend (4.99%) is in the top 25% of dividend payers in the CN market (2.68%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.1%), 601921's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (136.3%), 601921's dividend payments are not well covered by cash flows.