Zhejiang Expressway Dividends and Buybacks
Dividend criteria checks 5/6
Zhejiang Expressway is a dividend paying company with a current yield of 6.69% that is well covered by earnings.
Key information
6.7%
Dividend yield
-21.4%
Buyback Yield
| Total Shareholder Yield | -14.7% |
| Future Dividend Yield | 6.7% |
| Dividend Growth | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.0442 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ZHEX.F's dividends per share have been stable in the past 10 years.
Growing Dividend: ZHEX.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Expressway Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ZHEX.F) | 6.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Infrastructure) | 3.2% |
| Analyst forecast (ZHEX.F) (up to 3 years) | 6.7% |
Notable Dividend: ZHEX.F's dividend (6.69%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: ZHEX.F's dividend (6.69%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), ZHEX.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139%), ZHEX.F's dividend payments are not well covered by cash flows.