Wuchan Zhongda GroupLtd Dividend
Dividend criteria checks 4/6
Wuchan Zhongda GroupLtd is a dividend paying company with a current yield of 3.97% that is well covered by earnings.
Key information
4.0%
Dividend yield
-7.3%
Buyback Yield
| Total Shareholder Yield | -3.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.210 |
| Payout ratio | 35% |
Recent dividend updates
No updates
Recent updates
Stability 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) | 4.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Retail Distributors) | 2.6% |
| Analyst forecast (600704) (up to 3 years) | n/a |
Notable Dividend: 600704's dividend (3.97%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 600704's dividend (3.97%) is in the top 25% of dividend payers in the CN market (2.22%)
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.