Wuchan Zhongda GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Wuchan Zhongda GroupLtd is a dividend paying company with a current yield of 4.08% that is well covered by earnings.
Key information
4.1%
Dividend yield
-7.5%
Buyback Yield
| Total Shareholder Yield | -3.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.3% |
| 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 (SHSE:600704) Could Be Struggling To Allocate Capital
Nov 27
Wuchan Zhongda GroupLtd's (SHSE:600704) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 05Wuchan 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) | 4.1% |
| 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 (4.08%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600704's dividend (4.08%) 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 (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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:48 |
| 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 |
|
* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Wuchan Zhongda Group Co.,Ltd. is covered by 9 analysts. 0 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 |
|---|---|
| YINGBO XU | Citic Securities Co., Ltd. |
| Yuanyuan Lu | Donghai Securities Co. Ltd. |
| Li Wang | Guodu Securities Co. |