Zhejiang Sunoren Solar TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Sunoren Solar TechnologyLtd is a dividend paying company with a current yield of 1.71% that is well covered by earnings.
Key information
1.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 34.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 34% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603105 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603105's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Zhejiang Sunoren Solar TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603105) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Semiconductor) | 0.8% |
| Analyst forecast (603105) (up to 3 years) | 2.8% |
Notable Dividend: 603105's dividend (1.71%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603105's dividend (1.71%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), 603105's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603105 is paying a dividend but the company has no free cash flows.