GSP Automotive Group WenzhouLtd Dividend
Dividend criteria checks 3/6
GSP Automotive Group WenzhouLtd is a dividend paying company with a current yield of 2.38% that is well covered by earnings.
Key information
2.4%
Dividend yield
30%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.93 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605088 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605088 has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| GSP Automotive Group WenzhouLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605088) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Auto Components) | 1.4% |
| Analyst forecast in 3 Years (605088) | n/a |
Notable Dividend: 605088's dividend (2.38%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605088's dividend (2.38%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.4%), 605088's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605088 is paying a dividend but the company has no free cash flows.