Zhejiang Expressway Dividend
Dividend criteria checks 5/6
Zhejiang Expressway is a dividend paying company with a current yield of 6.74% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 10th May, 2024.
Key information
6.7%
Dividend yield
31%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | 05 Jul 24 |
| Ex dividend date | 10 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.85 |
| Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
Recent updates
We Think Zhejiang Expressway (HKG:576) Is Taking Some Risk With Its Debt
May 05
Zhejiang Expressway (HKG:576) Ticks All The Boxes When It Comes To Earnings Growth
Apr 05Zhejiang Expressway (HKG:576) Use Of Debt Could Be Considered Risky
Jan 12Is Zhejiang Expressway (HKG:576) Using Too Much Debt?
Sep 12If You Like EPS Growth Then Check Out Zhejiang Expressway (HKG:576) Before It's Too Late
Jun 09Does Zhejiang Expressway (HKG:576) Have A Healthy Balance Sheet?
May 18These 4 Measures Indicate That Zhejiang Expressway (HKG:576) Is Using Debt Extensively
Feb 13Does Zhejiang Expressway (HKG:576) Have A Healthy Balance Sheet?
Nov 12Zhejiang Expressway (HKG:576) Has A Somewhat Strained Balance Sheet
Aug 04Is Zhejiang Expressway (HKG:576) Using Too Much Debt?
May 06Zhejiang Expressway Co., Ltd.'s (HKG:576) Intrinsic Value Is Potentially 42% Above Its Share Price
Apr 15Forecast: Analysts Think Zhejiang Expressway Co., Ltd.'s (HKG:576) Business Prospects Have Improved Drastically
Mar 28Zhejiang Expressway Co., Ltd.'s (HKG:576) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 15Zhejiang Expressway's (HKG:576) Shareholders Are Down 22% On Their Shares
Feb 08
Is Zhejiang Expressway Co., Ltd. (HKG:576) The Right Choice For A Smart Dividend Investor?
Jan 24Is Zhejiang Expressway Co., Ltd. (HKG:576) Trading At A 49% Discount?
Jan 10Zhejiang Expressway (HKG:576) Seems To Be Using A Lot Of Debt
Dec 28Zhejiang Expressway Co., Ltd. (HKG:576) On An Uptrend: Could Fundamentals Be Driving The Stock?
Dec 15Is Now An Opportune Moment To Examine Zhejiang Expressway Co., Ltd. (HKG:576)?
Nov 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 576's dividends per share have been stable in the past 10 years.
Growing Dividend: 576's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Expressway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (576) | 6.7% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Infrastructure) | 6.6% |
| Analyst forecast in 3 Years (576) | 6.7% |
Notable Dividend: 576's dividend (6.74%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 576's dividend (6.74%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.3%), 576's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.2%), 576's dividend payments are well covered by cash flows.