Zhejiang Qianjiang Motorcycle Dividend
Dividend criteria checks 4/6
Zhejiang Qianjiang Motorcycle is a dividend paying company with a current yield of 4.64% that is well covered by earnings.
Key information
4.6%
Dividend yield
78%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.760 |
| Earnings per share | CN¥1.01 |
| Dividend yield forecast | 5.1% |
Recent dividend updates
Recent updates
Is Now The Time To Look At Buying Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913)?
Aug 28
Benign Growth For Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Underpins Its Share Price
Aug 04The Return Trends At Zhejiang Qianjiang Motorcycle (SZSE:000913) Look Promising
Jul 15Is Zhejiang Qianjiang Motorcycle (SZSE:000913) Using Too Much Debt?
Jun 09At CN¥21.10, Is Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Worth Looking At Closely?
May 22Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Stock Catapults 28% Though Its Price And Business Still Lag The Market
May 04Zhejiang Qianjiang Motorcycle Co., Ltd. (SZSE:000913) Shares Fly 28% But Investors Aren't Buying For Growth
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000913 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000913's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Zhejiang Qianjiang Motorcycle Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000913) | 4.6% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Auto) | 2.3% |
| Analyst forecast (000913) (up to 3 years) | 5.1% |
Notable Dividend: 000913's dividend (4.64%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 000913's dividend (4.64%) is in the top 25% of dividend payers in the CN market (2.81%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.2%), 000913's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.1%), 000913's dividend payments are covered by cash flows.