Zhejiang China Light&Textile Industrial City GroupLtd Dividend
Dividend criteria checks 3/6
Zhejiang China Light&Textile Industrial City GroupLtd is a dividend paying company with a current yield of 2.94% that is well covered by earnings.
Key information
2.9%
Dividend yield
63%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.16 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600790's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600790's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Zhejiang China Light&Textile Industrial City GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600790) | 2.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Real Estate) | 2.9% |
Analyst forecast in 3 Years (600790) | n/a |
Notable Dividend: 600790's dividend (2.94%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600790's dividend (2.94%) is in the top 25% of dividend payers in the CN market (2.39%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.5%), 600790's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600790 is paying a dividend but the company has no free cash flows.