Triangle TyreLtd Dividends and Buybacks
Dividend criteria checks 4/6
Triangle TyreLtd is a dividend paying company with a current yield of 4.55% that is well covered by earnings.
Key information
4.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0% |
| Dividend Growth | 15.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.670 |
| Payout ratio | 44% |
Recent dividend and buyback updates
No updates
Recent updates
Do Triangle TyreLtd's (SHSE:601163) Earnings Warrant Your Attention?
Oct 10
There's No Escaping Triangle Tyre Co.,Ltd's (SHSE:601163) Muted Earnings
Aug 22Returns At Triangle TyreLtd (SHSE:601163) Are On The Way Up
Jul 22Is Triangle TyreLtd (SHSE:601163) A Risky Investment?
Jul 03Here's Why We Think Triangle TyreLtd (SHSE:601163) Is Well Worth Watching
May 25Benign Growth For Triangle Tyre Co.,Ltd (SHSE:601163) Underpins Its Share Price
May 09Triangle TyreLtd's (SHSE:601163) Returns On Capital Are Heading Higher
Mar 26Stability 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's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Triangle TyreLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601163) | 4.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (601163) (up to 3 years) | 0% |
Notable Dividend: 601163's dividend (4.55%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601163's dividend (4.55%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.8%), 601163's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.6%), 601163's dividend payments are covered by cash flows.