Zhejiang Taotao Vehicles Dividend
Dividend criteria checks 3/6
Zhejiang Taotao Vehicles is a dividend paying company with a current yield of 2.07% that is well covered by earnings.
Key information
2.1%
Dividend yield
55%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.72 |
Dividend yield forecast in 3Y | 1.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301345's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301345's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Zhejiang Taotao Vehicles Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301345) | 2.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Auto) | 2.0% |
Analyst forecast in 3 Years (301345) | 1.8% |
Notable Dividend: 301345's dividend (2.07%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 301345's dividend (2.07%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.2%), 301345's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.5%), 301345's dividend payments are covered by cash flows.