Zhejiang Qianjiang Motorcycle Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Qianjiang Motorcycle is a dividend paying company with a current yield of 4.66% that is well covered by earnings.
Key information
4.7%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 4.7% |
| Future Dividend Yield | 9.4% |
| Dividend Growth | 28.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.760 |
| Payout ratio | 80% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000913 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000913's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Zhejiang Qianjiang Motorcycle Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000913) | 4.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto) | 1.8% |
| Analyst forecast (000913) (up to 3 years) | 9.4% |
Notable Dividend: 000913's dividend (4.66%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 000913's dividend (4.66%) is in the top 25% of dividend payers in the CN market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.4%), 000913's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.7%), 000913's dividend payments are covered by cash flows.