Zhejiang Tieliu Clutch Dividend
What is Zhejiang Tieliu Clutch current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Zhejiang Tieliu Clutch Dividend Yield vs Market|
|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
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
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.