New DaZheng Property Group Dividends and Buybacks
Dividend criteria checks 4/6
New DaZheng Property Group is a dividend paying company with a current yield of 2.86% that is well covered by earnings.
Key information
2.9%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 27.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.285 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
There's No Escaping New DaZheng Property Group Co., LTD's (SZSE:002968) Muted Earnings Despite A 25% Share Price Rise
Sep 26
New DaZheng Property Group's (SZSE:002968) Problems Go Beyond Weak Profit
Aug 23New DaZheng Property Group Co., LTD (SZSE:002968) Shares Fly 38% But Investors Aren't Buying For Growth
May 21New DaZheng Property Group Co., LTD (SZSE:002968) Stock Catapults 25% Though Its Price And Business Still Lag The Market
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002968 has been paying a dividend for less than 10 years.
Growing Dividend: 002968's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| New DaZheng Property Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002968) | 2.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Real Estate) | 2.4% |
| Analyst forecast (002968) (up to 3 years) | 4.0% |
Notable Dividend: 002968's dividend (2.86%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002968's dividend (2.86%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.1%), 002968's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.7%), 002968's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
New DaZheng Property Group Co., LTD is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yu Zhang | China International Capital Corporation Limited |
| Pu Wang | China International Capital Corporation Limited |
| Jian Cheng | China International Capital Corporation Limited |