Zhejiang Chengchang Technology Dividend
Dividend criteria checks 1/6
Zhejiang Chengchang Technology is a dividend paying company with a current yield of 0.38% that is well covered by earnings. Next payment date is on 7th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
0.4%
Dividend yield
60%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | 07 May 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.34 |
| Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Zhejiang Chengchang Technology's (SZSE:001270) Dividend Will Be Reduced To CN¥0.20
Apr 29
We Think That There Are More Issues For Zhejiang Chengchang Technology (SZSE:001270) Than Just Sluggish Earnings
Apr 05These Analysts Just Made A Huge Downgrade To Their Zhejiang Chengchang Technology Co., Ltd. (SZSE:001270) EPS Forecasts
Apr 04Earnings Miss: Zhejiang Chengchang Technology Co., Ltd. Missed EPS By 55% And Analysts Are Revising Their Forecasts
Apr 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 001270's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 001270's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Zhejiang Chengchang Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1270) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Semiconductor) | 1.4% |
| Analyst forecast in 3 Years (1270) | 1.1% |
Notable Dividend: 001270's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 001270's dividend (0.38%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.5%), 001270's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001270 is paying a dividend but the company has no free cash flows.