Zhejiang Xinguang Pharmaceutical Co., Ltd.

SZSE:300519 Stock Report

Market Cap: CN¥1.8b

Zhejiang Xinguang Pharmaceutical Dividend

Dividend criteria checks 2/6

Zhejiang Xinguang Pharmaceutical is a dividend paying company with a current yield of 3.65%.

Key information

3.6%

Dividend yield

114%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.35
Dividend yield forecast in 3Yn/a

Recent dividend updates

Zhejiang Xinguang Pharmaceutical (SZSE:300519) Has Announced That Its Dividend Will Be Reduced To CN¥0.40

May 26
Zhejiang Xinguang Pharmaceutical (SZSE:300519) Has Announced That Its Dividend Will Be Reduced To CN¥0.40

Recent updates

Zhejiang Xinguang Pharmaceutical (SZSE:300519) Has Announced That Its Dividend Will Be Reduced To CN¥0.40

May 26
Zhejiang Xinguang Pharmaceutical (SZSE:300519) Has Announced That Its Dividend Will Be Reduced To CN¥0.40

Calculating The Intrinsic Value Of Zhejiang Xinguang Pharmaceutical Co., Ltd. (SZSE:300519)

Apr 16
Calculating The Intrinsic Value Of Zhejiang Xinguang Pharmaceutical Co., Ltd. (SZSE:300519)

Zhejiang Xinguang Pharmaceutical Co., Ltd.'s (SZSE:300519) Low P/E No Reason For Excitement

Feb 26
Zhejiang Xinguang Pharmaceutical Co., Ltd.'s (SZSE:300519) Low P/E No Reason For Excitement

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 300519 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 300519's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Zhejiang Xinguang Pharmaceutical Dividend Yield vs Market
How does 300519 dividend yield compare to the market?
SegmentDividend Yield
Company (300519)3.6%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.6%
Industry Average (Pharmaceuticals)1.9%
Analyst forecast in 3 Years (300519)n/a

Notable Dividend: 300519's dividend (3.65%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).

High Dividend: 300519's dividend (3.65%) is in the top 25% of dividend payers in the CN market (2.55%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (113.9%), 300519's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (137.3%), 300519's dividend payments are not well covered by cash flows.


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