Dividend Yield: 3.3%

Zhejiang Dahua Technology's dividend yield of 3.27% is among the top in the CN market, yet its sustainability is questionable due to a high cash payout ratio of 93.5%. Despite a low earnings payout ratio of 25.3%, dividends are not well covered by free cash flows. Recent earnings showed stable sales but slightly reduced net income, which may affect future payouts given the historically volatile and unreliable nature of their dividends over ten years.

• Click to explore a detailed breakdown of our findings in Zhejiang Dahua Technology's dividend report.

• Our valuation report unveils the possibility Zhejiang Dahua Technology's shares may be trading at a discount.

Kondotec

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Kondotec Inc. operates in the manufacture, procurement, import, sale, wholesale, and export of industrial materials mainly within the retail hardware sector both in Japan and internationally, with a market capitalization of ￥34.04 billion.

Operations: Kondotec Inc.'s revenue segments include Industrial Materials at ￥37.61 billion, Scaffolding Construction at ￥8.63 billion, Steel Structure Materials at ￥21.24 billion, and Electrical Equipment Materials at ￥10.70 billion.

Dividend Yield: 3.5%

Kondotec offers a stable dividend yield of 3.45%, supported by consistent growth over the past decade and a low payout ratio of 31.8%, indicating strong earnings coverage. The cash payout ratio at 57.5% further ensures dividends are well covered by cash flows, though the yield is below the top quartile in Japan's market (3.82%). Trading at 25.5% below estimated fair value, it presents potential for long-term dividend sustainability amidst reliable financial performance.

• Dive into the specifics of Kondotec here with our thorough dividend report.

• The valuation report we've compiled suggests that Kondotec's current price could be quite moderate.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:1072 SZSE:002236 and TSE:7438.

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