Zhejiang Medicine Dividend
Dividend criteria checks 2/6
Zhejiang Medicine is a dividend paying company with a current yield of 1.47% that is well covered by earnings.
Key information
1.5%
Dividend yield
34%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.44 |
Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600216's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600216's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Zhejiang Medicine Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600216) | 1.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Pharmaceuticals) | 1.9% |
Analyst forecast in 3 Years (600216) | 3.1% |
Notable Dividend: 600216's dividend (1.47%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 600216's dividend (1.47%) is low compared to the top 25% of dividend payers in the CN market (2.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.3%), 600216's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600216 is paying a dividend but the company has no free cash flows.