Zhejiang Chengchang Technology Dividend
Dividend criteria checks 1/6
Zhejiang Chengchang Technology is a dividend paying company with a current yield of 0.44% that is well covered by earnings.
Key information
0.4%
Dividend yield
60%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.25 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (001270) | 0.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Semiconductor) | 1.1% |
Analyst forecast in 3 Years (001270) | 1.2% |
Notable Dividend: 001270's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 001270's dividend (0.44%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
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.