Zhejiang China Light&Textile Industrial City Group Co.,Ltd

SHSE:600790 Stock Report

Market Cap: CN¥5.6b

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 2.44% that is well covered by earnings.

Key information

2.4%

Dividend yield

2.5%

Buyback Yield

Total Shareholder Yield4.9%
Future Dividend Yieldn/a
Dividend Growth13.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.100
Payout ratio71%

Recent dividend and buyback updates

Recent updates

Here's Why Zhejiang China Light&Textile Industrial City GroupLtd (SHSE:600790) Has A Meaningful Debt Burden

Oct 04
Here's Why Zhejiang China Light&Textile Industrial City GroupLtd (SHSE:600790) Has A Meaningful Debt Burden

Zhejiang China Light&Textile Industrial City GroupLtd's (SHSE:600790) Weak Earnings May Only Reveal A Part Of The Whole Picture

Apr 18
Zhejiang China Light&Textile Industrial City GroupLtd's (SHSE:600790) Weak Earnings May Only Reveal A Part Of The Whole Picture

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
How does 600790 dividend yield compare to the market?
SegmentDividend Yield
Company (600790)2.4%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Real Estate)2.4%
Analyst forecast (600790) (up to 3 years)n/a

Notable Dividend: 600790's dividend (2.44%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 600790's dividend (2.44%) is in the top 25% of dividend payers in the CN market (2.1%)


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.


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