Trailing Dividend / Share
$6.69
ZTO Express (Cayman) Inc. (ZTO) Dividend History
Income profile from 2018 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.9%
Payout Ratio
63.6%
Watch
Dividend Streak
2 years
ZTO Dividend Income Check
Safety
63.6% payout ratio with watch safety profile.
Consistency
2 straight years of dividend increases.
Income Trend
Yield on cost is 2.3% and trend is rising.
ZTO Dividend Scorecard
Yield & Income
Dividend Yield3.9%
Trailing DPS$6.69
FrequencyAnnual
Payments / 12M2
Payout Safety
Earnings Payout63.6%
Earnings SafetyWatch
FCF Payout242.1%
FCF SafetyStretched
Piotroski F-Score6/9
Growth
Growth Streak2 years
3Y CAGR37.5%
5Y CAGR17.5%
Yield on Cost (5Y)2.3%
YOC Trendrising
Total Returns
Buyback Yield0.8%
Total Shareholder Yield4.7%
1Y Total Return37.8%
5Y Total Return-12.5%
Div Contribution (5Y)8.2%
Estimated $10K growth (return + dividends):
5Y ago$8,75010Y ago$17,46220Y ago$17,462
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
ZTO Income Growth Story
Dividend per share and yield on cost over time (9 years of payments)
ZTO Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
ZTO Express (Cayman) Inc. distributes 63.6% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 242.1%, rated "Stretched".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
ZTO has raised its dividend for 2 consecutive years, with a 3-year CAGR of 37.5% and 5-year CAGR of 17.5%.
Total Shareholder Returns
Beyond cash dividends, ZTO returns capital through share repurchases. The combined picture: 3.9% dividend yield, 0.8% buyback yield, 4.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.3% and is currently rising. The 5-year total return is -12.5%, with dividends contributing 8.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $17,462 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
ZTO Recent Dividend Payments
Last 11 payments · Annual
TTM Total$3.59
Avg/Payment$0.3264
Latest Change+26.7%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 8, 2026Latest | $0.3800 | ↑ +26.7% | 2.77% | Apr 29, 2026 |
| Sep 30, 2025 | $0.3000 | ↓ -14.3% | 3.39% | Oct 31, 2025 |
| Apr 10, 2025 | $0.3500 | — | 3.96% | Apr 29, 2025 |
| Sep 10, 2024 | $0.3500 | ↓ -43.5% | 4.45% | Oct 18, 2024 |
| Apr 9, 2024 | $0.6200 | ↑ +67.6% | 3.03% | Apr 29, 2024 |
| Apr 5, 2023 | $0.3700 | ↑ +48.0% | 1.31% | Apr 28, 2023 |
| Apr 7, 2022 | $0.2500 | — | 98.35% | Apr 26, 2022 |
| Apr 7, 2021 | $0.2500 | ↓ -13.8% | 87.84% | Apr 22, 2021 |
ZTO Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
3.9%
#2 of 6
Safety
Watch
63.6% payout
Streak
2Y
17.5% 5Y CAGR
Total Shareholder
4.7%
#4 of 6
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd ZTOZTO Express (Cayman)… | $20.2B | 3.9% | 63.6% | 2 | Watch |
1st  UPSUnited Parcel Servic… | $85.1B | 6.3% | 96.9% | 16 | At Risk |
3rd  FDXFedEx Corporation | $88.4B | 1.5% | 32.7% | 4 | Sustainable |
 ODFLOld Dominion Freight… | $41.3B | 0.6% | 23.0% | 10 | Sustainable |
 ARCBArcBest Corporation | $2.7B | 0.4% | 18.3% | 4 | Sustainable |
 BABAAlibaba Group Holdin… | $340.4B | 1.3% | 22.5% | 2 | Sustainable |
ZTO Annual Dividend History (2014–2026)
13 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.38 | — | 1 | — | — | — | 1.4% |
| 2025 | $0.65 | -33.0% | 2 | — | — | — | 2.3% |
| 2024 | $0.97 | 162.2% | 2 | $10.70 | 9.1% | 11.03x | 3.5% |
| 2023 | $0.37 | 48.0% | 1 | $10.60 | 3.5% | 28.65x | 1.3% |
| 2022 | $0.25 | 0.0% | 1 | $8.36 | 3.0% | 33.44x | 0.9% |
| 2021 | $0.25 | -13.8% | 1 | $5.80 | 4.3% | 23.20x | 0.9% |
| 2020 | $0.29 | 20.8% | 1 | $5.42 | 5.4% | 18.69x | 1.0% |
| 2019 | $0.24 | 26.3% | 1 | $7.23 | 3.3% | 30.13x | 0.9% |
| 2018 | $0.19 | — | 1 | $5.82 | 3.3% | 30.63x | 0.7% |
| 2017 | $0.00 | — | 0 | $4.40 | — | — | — |
Full ZTO Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See ZTO's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonZTO — Frequently Asked Questions
Quick answers to the most common questions about buying ZTO stock.
How much dividend does ZTO pay per share?
ZTO Express (Cayman) Inc. (ZTO) pays a trailing 12-month dividend of $6.69 per share, with a current dividend yield of +3.9%. Payments are made Annual.
When is ZTO's next ex-dividend date?
ZTO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. ZTO typically pays dividends Annual.
Is ZTO's dividend safe?
ZTO's dividend safety is rated "Watch" based on an earnings payout ratio of +63.6% and FCF payout ratio of +242.1%. The 2-year growth streak provides moderate confidence.
How many years has ZTO increased its dividend?
ZTO has 2 consecutive years of dividend growth. The 5-year dividend CAGR is +17.5%.
How often does ZTO pay dividends?
ZTO Express (Cayman) Inc. pays dividends Annual. The trailing 12-month total is $6.69 per share. Dividend data on this page covers 8+ years from 2018 to 2026.
How much would $10,000 invested in ZTO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in ZTO five years ago would be worth approximately $8,750 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is ZTO's yield on cost for long-term holders?
ZTO's yield on cost — the current dividend divided by the original purchase price — is +2.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.9% market yield, thanks to consistent dividend growth.