GSP Automotive Group WenzhouLtd Dividends and Buybacks
Dividend criteria checks 3/6
GSP Automotive Group WenzhouLtd is a dividend paying company with a current yield of 2.26% that is well covered by earnings.
Key information
2.3%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
GSP Automotive Group Wenzhou Co.,Ltd.'s (SHSE:605088) Share Price Boosted 34% But Its Business Prospects Need A Lift Too
Nov 27
GSP Automotive Group WenzhouLtd's (SHSE:605088) Earnings Are Of Questionable Quality
Apr 05A Piece Of The Puzzle Missing From GSP Automotive Group Wenzhou Co.,Ltd.'s (SHSE:605088) 36% Share Price Climb
Apr 02Stability 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) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (605088) (up to 3 years) | n/a |
Notable Dividend: 605088's dividend (2.26%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605088's dividend (2.26%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.3%), 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.