Zhejiang Jiecang Linear Motion TechnologyLtd Dividend
Dividend criteria checks 3/6
Zhejiang Jiecang Linear Motion TechnologyLtd is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
26%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.68 |
Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
No updates
Recent updates
There May Be Some Bright Spots In Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings
May 01Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Looks Just Right With A 26% Price Jump
Apr 25Is There Now An Opportunity In Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)?
Apr 12The Market Lifts Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583) Shares 30% But It Can Do More
Mar 06Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) Will Be Hoping To Turn Its Returns On Capital Around
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603583 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603583 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Zhejiang Jiecang Linear Motion TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603583) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (603583) | 2.5% |
Notable Dividend: 603583's dividend (0.8%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603583's dividend (0.8%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.6%), 603583's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.7%), 603583's dividend payments are well covered by cash flows.