Wuchan Zhongda GroupLtd Dividend
Dividend criteria checks 4/6
Wuchan Zhongda GroupLtd is a dividend paying company with a current yield of 4.93% that is well covered by earnings.
Key information
4.9%
Dividend yield
34%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.210 |
| Earnings per share | CN¥0.64 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Calculating The Intrinsic Value Of Wuchan Zhongda Group Co.,Ltd. (SHSE:600704)
Aug 15
Wuchan 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) | 4.9% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Retail Distributors) | 3.4% |
| Analyst forecast in 3 Years (600704) | n/a |
Notable Dividend: 600704's dividend (4.93%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 600704's dividend (4.93%) is in the top 25% of dividend payers in the CN market (2.74%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.9%), 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.