Zhejiang Daily Digital Culture GroupLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Daily Digital Culture GroupLtd is a dividend paying company with a current yield of 1.65% that is well covered by earnings.
Key information
1.6%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.180 |
| Payout ratio | 63% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600633's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600633's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Daily Digital Culture GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600633) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Entertainment) | 1.8% |
| Analyst forecast (600633) (up to 3 years) | 1.8% |
Notable Dividend: 600633's dividend (1.65%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600633's dividend (1.65%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.6%), 600633's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600633 is paying a dividend but the company has no free cash flows.