Yantai Yatong Precision Mechanical Dividends and Buybacks
Dividend criteria checks 1/6
Yantai Yatong Precision Mechanical is a dividend paying company with a current yield of 0.53% that is well covered by earnings.
Key information
0.5%
Dividend yield
-0.8%
Buyback Yield
| Total Shareholder Yield | -0.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | -41.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 53% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603190's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603190's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Yantai Yatong Precision Mechanical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603190) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (603190) (up to 3 years) | n/a |
Notable Dividend: 603190's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603190's dividend (0.53%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53%), 603190's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603190 is paying a dividend but the company has no free cash flows.