Zheshang Securities Zhejiang Expressway Dividend
Dividend criteria checks 2/6
Zheshang Securities Zhejiang Expressway is a dividend paying company with a current yield of 7.31%.
Key information
7.3%
Dividend yield
179%
Payout ratio
| Industry average yield | 10.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -CN¥0.04 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 508001's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 508001's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Zheshang Securities Zhejiang Expressway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (508001) | 7.3% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Industrial REITs) | 10.0% |
| Analyst forecast in 3 Years (508001) | n/a |
Notable Dividend: 508001's dividend (7.31%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 508001's dividend (7.31%) is in the top 25% of dividend payers in the CN market (2.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (179.1%), 508001's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 508001's cash payout ratio to determine if its dividend payments are covered by cash flows.