Zhejiang Taotao Vehicles Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Taotao Vehicles is a dividend paying company with a current yield of 2.57% that is well covered by earnings.
Key information
2.6%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.500 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301345 has been paying a dividend for less than 10 years.
Growing Dividend: 301345 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Zhejiang Taotao Vehicles Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301345) | 2.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto) | 1.7% |
| Analyst forecast (301345) (up to 3 years) | 1.9% |
Notable Dividend: 301345's dividend (2.57%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301345's dividend (2.57%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.2%), 301345's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301345 is paying a dividend but the company has no free cash flows.