Zhejiang Ausun Pharmaceutical Co., Ltd.

SHSE:603229 Stock Report

Market Cap: CN¥6.9b

Zhejiang Ausun Pharmaceutical Dividends and Buybacks

Dividend criteria checks 3/6

Zhejiang Ausun Pharmaceutical is a dividend paying company with a current yield of 1.11% that is well covered by earnings.

Key information

1.1%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield1.1%
Future Dividend Yield1.1%
Dividend Growth22.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.0921
Payout ratio29%

Recent dividend and buyback updates

No updates

Recent updates

There's No Escaping Zhejiang Ausun Pharmaceutical Co., Ltd.'s (SHSE:603229) Muted Earnings Despite A 37% Share Price Rise

Oct 08
There's No Escaping Zhejiang Ausun Pharmaceutical Co., Ltd.'s (SHSE:603229) Muted Earnings Despite A 37% Share Price Rise

Improved Earnings Required Before Zhejiang Ausun Pharmaceutical Co., Ltd. (SHSE:603229) Shares Find Their Feet

Jul 31
Improved Earnings Required Before Zhejiang Ausun Pharmaceutical Co., Ltd. (SHSE:603229) Shares Find Their Feet

Improved Earnings Required Before Zhejiang Ausun Pharmaceutical Co., Ltd. (SHSE:603229) Stock's 27% Jump Looks Justified

Mar 06
Improved Earnings Required Before Zhejiang Ausun Pharmaceutical Co., Ltd. (SHSE:603229) Stock's 27% Jump Looks Justified

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603229 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603229's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Zhejiang Ausun Pharmaceutical Dividend Yield vs Market
How does 603229 dividend yield compare to the market?
SegmentDividend Yield
Company (603229)1.1%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Pharmaceuticals)1.7%
Analyst forecast (603229) (up to 3 years)1.1%

Notable Dividend: 603229's dividend (1.11%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603229's dividend (1.11%) is low compared to the top 25% of dividend payers in the CN market (2.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.1%), 603229's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (56.6%), 603229's dividend payments are covered by cash flows.


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