Guangzhou Tongda Auto Electric Dividend
Dividend criteria checks 2/6
Guangzhou Tongda Auto Electric is a dividend paying company with a current yield of 0.63%.
Key information
0.6%
Dividend yield
99%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Earnings per share | CN¥0.077 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Guangzhou Tongda Auto Electric Co., Ltd (SHSE:603390) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Sep 04
Capital Allocation Trends At Guangzhou Tongda Auto Electric (SHSE:603390) Aren't Ideal
Aug 29Guangzhou Tongda Auto Electric Co., Ltd's (SHSE:603390) Shareholders Might Be Looking For Exit
Jun 28Statutory Profit Doesn't Reflect How Good Guangzhou Tongda Auto Electric's (SHSE:603390) Earnings Are
May 03Pinning Down Guangzhou Tongda Auto Electric Co., Ltd's (SHSE:603390) P/S Is Difficult Right Now
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603390 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603390 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Guangzhou Tongda Auto Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603390) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (603390) (up to 3 years) | n/a |
Notable Dividend: 603390's dividend (0.63%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 603390's dividend (0.63%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.4%), 603390's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.9%), 603390's dividend payments are well covered by cash flows.