Xuchang Yuandong Drive ShaftLtd Dividends and Buybacks
Dividend criteria checks 2/6
Xuchang Yuandong Drive ShaftLtd is a dividend paying company with a current yield of 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 63% |
Recent dividend and buyback updates
Recent updates
Xuchang Yuandong Drive Shaft Co.Ltd (SZSE:002406) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Nov 11
We Think That There Are Issues Underlying Xuchang Yuandong Drive ShaftLtd's (SZSE:002406) Earnings
Nov 06Returns On Capital Signal Tricky Times Ahead For Xuchang Yuandong Drive ShaftLtd (SZSE:002406)
Sep 30Xuchang Yuandong Drive ShaftLtd (SZSE:002406) Has Affirmed Its Dividend Of CN¥0.10
Jul 05Xuchang Yuandong Drive ShaftLtd's (SZSE:002406) Earnings Aren't As Good As They Appear
Apr 01Xuchang Yuandong Drive Shaft Co.Ltd's (SZSE:002406) 26% Price Boost Is Out Of Tune With Earnings
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002406's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002406's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Xuchang Yuandong Drive ShaftLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002406) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (002406) (up to 3 years) | n/a |
Notable Dividend: 002406's dividend (1.56%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002406's dividend (1.56%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63%), 002406's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002406 is paying a dividend but the company has no free cash flows.