Zhejiang China Light&Textile Industrial City GroupLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang China Light&Textile Industrial City GroupLtd is a dividend paying company with a current yield of 2.56% that is well covered by earnings.
Key information
2.6%
Dividend yield
2.6%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 13.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 71% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600790) | 2.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Real Estate) | 2.5% |
| Analyst forecast (600790) (up to 3 years) | n/a |
Notable Dividend: 600790's dividend (2.56%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600790's dividend (2.56%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.6%), 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.