Yantai Zhenghai Biotechnology Co., Ltd.

SZSE:300653 Stock Report

Market Cap: CN¥3.9b

Yantai Zhenghai Biotechnology Dividend

Dividend criteria checks 3/6

Yantai Zhenghai Biotechnology is a dividend paying company with a current yield of 3.67% that is well covered by earnings.

Key information

3.7%

Dividend yield

82%

Payout ratio

Industry average yield1.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.99
Dividend yield forecast in 3Y3.3%

Recent dividend updates

Recent updates

Yantai Zhenghai Biotechnology Co., Ltd. (SZSE:300653) Held Back By Insufficient Growth Even After Shares Climb 26%

Mar 04
Yantai Zhenghai Biotechnology Co., Ltd. (SZSE:300653) Held Back By Insufficient Growth Even After Shares Climb 26%

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 6 years.


Dividend Yield vs Market

Yantai Zhenghai Biotechnology Dividend Yield vs Market
How does 300653 dividend yield compare to the market?
SegmentDividend Yield
Company (300653)3.7%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.6%
Industry Average (Biotechs)1.3%
Analyst forecast in 3 Years (300653)3.3%

Notable Dividend: 300653's dividend (3.67%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).

High Dividend: 300653's dividend (3.67%) is in the top 25% of dividend payers in the CN market (2.55%)


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (81.6%), 300653's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (106.7%), 300653's dividend payments are not well covered by cash flows.


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