Jiangsu Xinri E-Vehicle Dividend
Dividend criteria checks 2/6
Jiangsu Xinri E-Vehicle is a dividend paying company with a current yield of 1.21% that is well covered by earnings. Last payment was on 31st May, 2024 with an ex-dividend date of 31st May, 2024.
Key information
1.2%
Dividend yield
47%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 31 May 24 |
Ex dividend date | 31 May 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.31 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603787 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603787's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Jiangsu Xinri E-Vehicle Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603787) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Auto) | 2.1% |
Analyst forecast in 3 Years (603787) | 1.2% |
Notable Dividend: 603787's dividend (1.21%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603787's dividend (1.21%) is low compared to the top 25% of dividend payers in the CN market (2.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.3%), 603787's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603787 is paying a dividend but the company has no free cash flows.