Jiangsu Rongtai Industry Dividend
Dividend criteria checks 2/6
Jiangsu Rongtai Industry is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
18%
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¥0.83 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605133 has been paying a dividend for less than 10 years.
Growing Dividend: 605133 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Jiangsu Rongtai Industry Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (605133) | 0.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Auto Components) | 1.4% |
Analyst forecast in 3 Years (605133) | 1.7% |
Notable Dividend: 605133's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 605133's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), 605133's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605133 is paying a dividend but the company has no free cash flows.