Jiangyin Pivot Automotive Products Dividend
Dividend criteria checks 3/6
Jiangyin Pivot Automotive Products is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
39%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.28 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301181 has been paying a dividend for less than 10 years.
Growing Dividend: 301181's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Jiangyin Pivot Automotive Products Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (301181) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Auto Components) | 1.6% |
Analyst forecast in 3 Years (301181) | n/a |
Notable Dividend: 301181's dividend (2.24%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301181's dividend (2.24%) is low compared to the top 25% of dividend payers in the CN market (2.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.1%), 301181's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.6%), 301181's dividend payments are well covered by cash flows.