Zhejiang Yinlun MachineryLtd Dividend
Dividend criteria checks 3/6
Zhejiang Yinlun MachineryLtd is a dividend paying company with a current yield of 0.53% that is well covered by earnings.
Key information
0.5%
Dividend yield
12%
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¥0.83 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002126's dividends per share have been stable in the past 10 years.
Growing Dividend: 002126's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zhejiang Yinlun MachineryLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2126) | 0.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Auto Components) | 1.6% |
Analyst forecast in 3 Years (2126) | 1.7% |
Notable Dividend: 002126's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 002126's dividend (0.53%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.8%), 002126's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002126 is paying a dividend but the company has no free cash flows.