Changzhou Tenglong AutoPartsCo.Ltd Dividend
Dividend criteria checks 2/6
Changzhou Tenglong AutoPartsCo.Ltd is a dividend paying company with a current yield of 1.92% that is well covered by earnings.
Key information
1.9%
Dividend yield
0.04%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Payout ratio | 27% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603158 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603158's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Changzhou Tenglong AutoPartsCo.Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603158) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.6% |
| Analyst forecast (603158) (up to 3 years) | n/a |
Notable Dividend: 603158's dividend (1.92%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 603158's dividend (1.92%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.1%), 603158's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603158 is paying a dividend but the company has no free cash flows.