Zhejiang Tieliu Clutch Dividend

What is Zhejiang Tieliu Clutch current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.33%

Current Dividend Yield

Dividend Yield vs Market

Zhejiang Tieliu Clutch Dividend Yield vs Market
How does 603926 dividend yield compare to the market?
SegmentDividend Yield
Company (603926)1.3%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.0%
Industry Average (Auto Components)1.8%
Analyst forecast in 3 Years (603926)n/a

Notable Dividend: 603926's dividend (1.33%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).

High Dividend: 603926's dividend (1.33%) is low compared to the top 25% of dividend payers in the CN market (1.97%).


Stability and Growth of Payments

How stable has Zhejiang Tieliu Clutch's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
11/23/20220.131.33
4/25/20220.131.31
4/6/20210.383.35
7/1/20200.232.45
6/11/20190.151.66
4/10/20180.686.93
10/30/2017-0

Stable Dividend: 603926 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603926 has only been paying a dividend for 5 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.8%), 603926's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (98.5%), 603926's dividend payments are not well covered by cash flows.


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