Zhejiang AngLiKang PharmaceuticalLTD Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang AngLiKang PharmaceuticalLTD is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -9.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.210 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002940 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002940 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang AngLiKang PharmaceuticalLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002940) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Pharmaceuticals) | 1.7% |
| Analyst forecast (002940) (up to 3 years) | n/a |
Notable Dividend: 002940's dividend (1.48%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002940's dividend (1.48%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.9%), 002940's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32%), 002940's dividend payments are well covered by cash flows.