Wuchan Zhongda GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Wuchan Zhongda GroupLtd is a dividend paying company with a current yield of 3.92% that is well covered by earnings.
Key information
3.9%
Dividend yield
-7.1%
Buyback Yield
| Total Shareholder Yield | -3.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.210 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Wuchan Zhongda GroupLtd's (SHSE:600704) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 05
Wuchan Zhongda Group Co.,Ltd.'s (SHSE:600704) Earnings Are Not Doing Enough For Some Investors
Oct 27Calculating The Intrinsic Value Of Wuchan Zhongda Group Co.,Ltd. (SHSE:600704)
Aug 15Wuchan Zhongda GroupLtd (SHSE:600704) Might Be Having Difficulty Using Its Capital Effectively
Jul 25Wuchan Zhongda GroupLtd's (SHSE:600704) Dividend Will Be Increased To CN¥0.21
Jul 03Wuchan Zhongda GroupLtd (SHSE:600704) Has A Somewhat Strained Balance Sheet
May 26Wuchan Zhongda GroupLtd's (SHSE:600704) Shareholders Have More To Worry About Than Only Soft Earnings
May 03Benign Growth For Wuchan Zhongda Group Co.,Ltd. (SHSE:600704) Underpins Its Share Price
Mar 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600704's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600704's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Wuchan Zhongda GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600704) | 3.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Retail Distributors) | 2.5% |
| Analyst forecast (600704) (up to 3 years) | n/a |
Notable Dividend: 600704's dividend (3.92%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600704's dividend (3.92%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.6%), 600704's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600704 is paying a dividend but the company has no free cash flows.