Zhejiang Jiuzhou Pharmaceutical Co., Ltd

SHSE:603456 Stock Report

Market Cap: CN¥12.3b

Zhejiang Jiuzhou Pharmaceutical Dividend

Dividend criteria checks 3/6

Zhejiang Jiuzhou Pharmaceutical is a dividend paying company with a current yield of 3.66% that is well covered by earnings.

Key information

3.7%

Dividend yield

45%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥1.10
Dividend yield forecast in 3Y5.0%

Recent dividend updates

No updates

Recent updates

Here's Why Zhejiang Jiuzhou Pharmaceutical (SHSE:603456) Can Manage Its Debt Responsibly

Jun 13
Here's Why Zhejiang Jiuzhou Pharmaceutical (SHSE:603456) Can Manage Its Debt Responsibly

Zhejiang Jiuzhou Pharmaceutical Co., Ltd's (SHSE:603456) Business And Shares Still Trailing The Market

May 24
Zhejiang Jiuzhou Pharmaceutical Co., Ltd's (SHSE:603456) Business And Shares Still Trailing The Market

Zhejiang Jiuzhou Pharmaceutical's (SHSE:603456) Solid Earnings May Rest On Weak Foundations

May 01
Zhejiang Jiuzhou Pharmaceutical's (SHSE:603456) Solid Earnings May Rest On Weak Foundations

Zhejiang Jiuzhou Pharmaceutical Co., Ltd Just Missed Revenue By 17%: Here's What Analysts Think Will Happen Next

Apr 11
Zhejiang Jiuzhou Pharmaceutical Co., Ltd Just Missed Revenue By 17%: Here's What Analysts Think Will Happen Next

Zhejiang Jiuzhou Pharmaceutical Co., Ltd (SHSE:603456) Shares Could Be 32% Above Their Intrinsic Value Estimate

Feb 28
Zhejiang Jiuzhou Pharmaceutical Co., Ltd (SHSE:603456) Shares Could Be 32% Above Their Intrinsic Value Estimate

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603456 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603456's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Zhejiang Jiuzhou Pharmaceutical Dividend Yield vs Market
How does 603456 dividend yield compare to the market?
SegmentDividend Yield
Company (603456)3.7%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.6%
Industry Average (Pharmaceuticals)1.9%
Analyst forecast in 3 Years (603456)5.0%

Notable Dividend: 603456's dividend (3.66%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).

High Dividend: 603456's dividend (3.66%) is in the top 25% of dividend payers in the CN market (2.6%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.4%), 603456's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603456 is paying a dividend but the company has no free cash flows.


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