Zhejiang Tailin BioEngineeringLtd Dividend
Dividend criteria checks 2/6
Zhejiang Tailin BioEngineeringLtd is a dividend paying company with a current yield of 1.24% that is well covered by earnings.
Key information
1.2%
Dividend yield
46%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.18 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300813 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300813 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
Zhejiang Tailin BioEngineeringLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300813) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Life Sciences) | 1.4% |
Analyst forecast in 3 Years (300813) | n/a |
Notable Dividend: 300813's dividend (1.24%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300813's dividend (1.24%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46%), 300813's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300813 is paying a dividend but the company has no free cash flows.