Zhejiang Cheng Yi Pharmaceutical Dividend
Dividend criteria checks 3/6
Zhejiang Cheng Yi Pharmaceutical is a dividend paying company with a current yield of 2.15% that is well covered by earnings.
Key information
2.2%
Dividend yield
33%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.48 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603811 has been paying a dividend for less than 10 years.
Growing Dividend: 603811's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Zhejiang Cheng Yi Pharmaceutical Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603811) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Pharmaceuticals) | 1.8% |
Analyst forecast in 3 Years (603811) | n/a |
Notable Dividend: 603811's dividend (2.15%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603811's dividend (2.15%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), 603811's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.9%), 603811's dividend payments are covered by cash flows.