Ningbo Shenglong Automotive Powertrain SystemLtd Dividend
Dividend criteria checks 1/6
Ningbo Shenglong Automotive Powertrain SystemLtd is a dividend paying company with a current yield of 0.46% that is well covered by earnings.
Key information
0.5%
Dividend yield
57%
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¥0.21 |
| Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603178 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603178 has only been paying a dividend for 7 years, and since then payments have not increased.
Dividend Yield vs Market
| Ningbo Shenglong Automotive Powertrain SystemLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603178) | 0.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Auto Components) | 1.4% |
| Analyst forecast in 3 Years (603178) | 0.9% |
Notable Dividend: 603178's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 603178's dividend (0.46%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.4%), 603178's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.9%), 603178's dividend payments are not well covered by cash flows.