Yantai Zhenghai Biotechnology Dividends and Buybacks
Dividend criteria checks 4/6
Yantai Zhenghai Biotechnology is a dividend paying company with a current yield of 3.73% that is well covered by earnings.
Key information
3.7%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 25.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.802 |
| Payout ratio | 86% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300653 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300653's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Yantai Zhenghai Biotechnology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300653) | 3.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Biotechs) | 1.2% |
| Analyst forecast (300653) (up to 3 years) | 2.5% |
Notable Dividend: 300653's dividend (3.73%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300653's dividend (3.73%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.3%), 300653's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89%), 300653's dividend payments are covered by cash flows.