Wuxi Zhenhua Auto PartsLtd Dividend
Dividend criteria checks 3/6
Wuxi Zhenhua Auto PartsLtd is a dividend paying company with a current yield of 2.62% that is well covered by earnings. Next payment date is on 6th November, 2024 with an ex-dividend date of 6th November, 2024.
Key information
2.6%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 65.0% |
| Next dividend pay date | 06 Nov 24 |
| Ex dividend date | 06 Nov 24 |
| Dividend per share | CN¥0.480 |
| Payout ratio | 27% |
Recent dividend updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605319 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605319's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Wuxi Zhenhua Auto PartsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605319) | 2.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.6% |
| Analyst forecast (605319) (up to 3 years) | 3.3% |
Notable Dividend: 605319's dividend (2.62%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 605319's dividend (2.62%) is in the top 25% of dividend payers in the CN market (2.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.9%), 605319's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605319 is paying a dividend but the company has no free cash flows.