Zhejiang Songyuan Automotive Safety SystemsLtd Dividend
Dividend criteria checks 1/6
Zhejiang Songyuan Automotive Safety SystemsLtd is a dividend paying company with a current yield of 0.66% that is well covered by earnings.
Key information
0.7%
Dividend yield
20%
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¥1.00 |
Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
Recent updates
A Piece Of The Puzzle Missing From Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.'s (SZSE:300893) Share Price
Jul 05We Ran A Stock Scan For Earnings Growth And Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893) Passed With Ease
May 13We Think That There Are Issues Underlying Zhejiang Songyuan Automotive Safety SystemsLtd's (SZSE:300893) Earnings
Apr 25Investors Met With Slowing Returns on Capital At Zhejiang Songyuan Automotive Safety SystemsLtd (SZSE:300893)
Apr 18Market Participants Recognise Zhejiang Songyuan Automotive Safety Systems Co.,Ltd.'s (SZSE:300893) Earnings Pushing Shares 32% Higher
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300893 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300893 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Zhejiang Songyuan Automotive Safety SystemsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300893) | 0.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Auto Components) | 1.9% |
Analyst forecast in 3 Years (300893) | 0.9% |
Notable Dividend: 300893's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 300893's dividend (0.66%) 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 (19.7%), 300893's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300893 is paying a dividend but the company has no free cash flows.