Zhongguancun Science-Tech Leasing Dividend
Dividend criteria checks 3/6
Zhongguancun Science-Tech Leasing is a dividend paying company with a current yield of 10.66% that is well covered by earnings. Next payment date is on 12th July, 2024 with an ex-dividend date of 16th May, 2024.
Key information
10.7%
Dividend yield
35%
Payout ratio
| Industry average yield | 7.6% |
| Next dividend pay date | 12 Jul 24 |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.19 |
| Dividend yield forecast in 3Y | 10.7% |
Recent dividend updates
Recent updates
Little Excitement Around Zhongguancun Science-Tech Leasing Co., Ltd.'s (HKG:1601) Earnings
Jan 23
Does Zhongguancun Science-Tech Leasing Co., Ltd. (HKG:1601) Have A Place In Your Dividend Portfolio?
Mar 20What Type Of Returns Would Zhongguancun Science-Tech Leasing's(HKG:1601) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 29
Should Zhongguancun Science-Tech Leasing Co., Ltd. (HKG:1601) Be Part Of Your Dividend Portfolio?
Dec 07Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1601 has been paying a dividend for less than 10 years.
Growing Dividend: 1601's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Zhongguancun Science-Tech Leasing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1601) | 10.7% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.3% |
| Industry Average (Diversified Financial) | 7.6% |
| Analyst forecast in 3 Years (1601) | 10.7% |
Notable Dividend: 1601's dividend (10.66%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 1601's dividend (10.66%) is in the top 25% of dividend payers in the Hong Kong market (8.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), 1601's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1601 is paying a dividend but the company has no free cash flows.