Zhejiang Fuchunjiang Environmental ThermoelectricLTD Dividends and Buybacks
Dividend criteria checks 5/6
Zhejiang Fuchunjiang Environmental ThermoelectricLTD is a dividend paying company with a current yield of 3.18% that is well covered by earnings.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 40% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002479's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002479's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Fuchunjiang Environmental ThermoelectricLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002479) | 3.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Renewable Energy) | 2.7% |
| Analyst forecast (002479) (up to 3 years) | n/a |
Notable Dividend: 002479's dividend (3.18%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 002479's dividend (3.18%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), 002479's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.2%), 002479's dividend payments are well covered by cash flows.