Zhejiang Jiecang Linear Motion TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Jiecang Linear Motion TechnologyLtd is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.170 |
| Payout ratio | 21% |
Recent dividend and buyback updates
No updates
Recent updates
Even With A 25% Surge, Cautious Investors Are Not Rewarding Zhejiang Jiecang Linear Motion Technology Co.,Ltd.'s (SHSE:603583) Performance Completely
Nov 12
Shareholders Will Be Pleased With The Quality of Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Earnings
Nov 04Investors Continue Waiting On Sidelines For Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (SHSE:603583)
Sep 12Here's What's Concerning About Zhejiang Jiecang Linear Motion TechnologyLtd's (SHSE:603583) Returns On Capital
Aug 08Is Zhejiang Jiecang Linear Motion TechnologyLtd (SHSE:603583) A Risky Investment?
Jun 06There 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603583) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (603583) (up to 3 years) | 2.4% |
Notable Dividend: 603583's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603583's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.9%), 603583's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.1%), 603583's dividend payments are well covered by cash flows.