Songz Automobile Air Conditioning Dividend
Dividend criteria checks 3/6
Songz Automobile Air Conditioning is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
33%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.060 |
Earnings per share | CN¥0.18 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002454's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002454's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Songz Automobile Air Conditioning Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (002454) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.7% |
Industry Average (Auto Components) | 2.0% |
Analyst forecast in 3 Years (002454) | n/a |
Notable Dividend: 002454's dividend (1.12%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 002454's dividend (1.12%) is low compared to the top 25% of dividend payers in the CN market (2.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), 002454's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.7%), 002454's dividend payments are well covered by cash flows.