Triangle TyreLtd Dividend
Dividend criteria checks 3/6
Triangle TyreLtd is a dividend paying company with a current yield of 1.63% that is well covered by earnings.
Key information
1.6%
Dividend yield
17%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.82 |
Dividend yield forecast in 3Y | 0% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601163 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601163 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Triangle TyreLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (601163) | 1.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Auto Components) | 1.4% |
Analyst forecast in 3 Years (601163) | 0% |
Notable Dividend: 601163's dividend (1.63%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601163's dividend (1.63%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17%), 601163's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.3%), 601163's dividend payments are thoroughly covered by cash flows.