SmarterDividends
ZTO

ZTO Express (Cayman) Inc.

ZTO

Industrials · Stock · annual payer

Forward Yield

3.07%

Annual Dividend

$0.69

Payout Ratio

41%

5-Yr Growth

3.1%

Ex-Date

Apr 8, 2026

Frequency

Annual

ZTO Dividend Safety Score

55/ 100
Grade C

Borderline

Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage41% of earnings paid out
Free-cash-flow coverage11% of free cash flow
Balance-sheet strengthDebt/equity of 0.35
Yield vs its historyYield is 1.6× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is ZTO a good dividend stock?

Mixed

ZTO Express (Cayman) Inc. (ZTO) pays a annual dividend yielding 3.07% ($0.69/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Comfortable payout ratio (41%)

Risks

  • Cut its dividend in 2025
  • Share price is down over the past 5 years

Key Data

Dividend Yield
3.07%
Payout Ratio
41%
Annual Dividend
$0.69
5-Yr Avg Growth
3.1%
Ex-Dividend Date
Apr 8, 2026
Years of Growth
0
Frequency
annual
Beta
-0.22
Market Cap
$17.2B
P/E Ratio
13.3
5-Yr Total Return
-26%
52-Week Range
$16.94 – $26.20
Dividend Safety
C · 55/100
Ever Cut?
Yes (2025)
ZTO ex-dividend date & scheduleNext ex-date Apr 8, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.69 / yr per share

Per payment (annual)$69.00
Annual$69.00
Monthly avg$5.75