Chongqing Zongshen Power MachineryLtd Dividend
Dividend criteria checks 3/6
Chongqing Zongshen Power MachineryLtd is a dividend paying company with a current yield of 2.13% that is well covered by earnings.
Key information
2.1%
Dividend yield
77%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.32 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (1696) | 2.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Auto Components) | 1.4% |
Analyst forecast in 3 Years (1696) | n/a |
Notable Dividend: 001696's dividend (2.13%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 001696's dividend (2.13%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.2%), 001696's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (423.7%), 001696's dividend payments are not well covered by cash flows.