Zhejiang Shuanghuan DrivelineLtd Dividend
Dividend criteria checks 2/6
Zhejiang Shuanghuan DrivelineLtd is a dividend paying company with a current yield of 0.57% that is well covered by earnings.
Key information
0.6%
Dividend yield
12%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.05 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Returns Are Gaining Momentum At Zhejiang Shuanghuan DrivelineLtd (SZSE:002472)
Jun 17Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) Will Pay A Larger Dividend Than Last Year At CN¥0.12
May 31Little Excitement Around Zhejiang Shuanghuan Driveline Co.,Ltd.'s (SZSE:002472) Earnings
May 22Is Now The Time To Put Zhejiang Shuanghuan DrivelineLtd (SZSE:002472) On Your Watchlist?
Apr 30Zhejiang Shuanghuan Driveline Co.,Ltd.'s (SZSE:002472) Intrinsic Value Is Potentially 44% Above Its Share Price
Mar 19Returns On Capital Are Showing Encouraging Signs At Zhejiang Shuanghuan DrivelineLtd (SZSE:002472)
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002472's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002472's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zhejiang Shuanghuan DrivelineLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002472) | 0.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Auto Components) | 1.9% |
Analyst forecast in 3 Years (002472) | 1.2% |
Notable Dividend: 002472's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 002472's dividend (0.57%) is low compared to the top 25% of dividend payers in the CN market (2.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.6%), 002472's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (105%), 002472's dividend payments are not well covered by cash flows.