Chongqing Zongshen Power MachineryLtd Dividends and Buybacks
Dividend criteria checks 3/6
Chongqing Zongshen Power MachineryLtd is a dividend paying company with a current yield of 1.02% that is well covered by earnings.
Key information
1.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 001696's dividend payments have been volatile in the past 10 years.
Growing Dividend: 001696's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Chongqing Zongshen Power MachineryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001696) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (001696) (up to 3 years) | n/a |
Notable Dividend: 001696's dividend (1.02%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 001696's dividend (1.02%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.4%), 001696's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (119.1%), 001696's dividend payments are not well covered by cash flows.