Zhejiang Sling Automobile Bearing Dividend
Dividend criteria checks 3/6
Zhejiang Sling Automobile Bearing is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
22%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.58 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301550's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301550's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Zhejiang Sling Automobile Bearing Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (301550) | 0.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Auto Components) | 1.9% |
Analyst forecast in 3 Years (301550) | n/a |
Notable Dividend: 301550's dividend (0.91%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301550's dividend (0.91%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.1%), 301550's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.4%), 301550's dividend payments are covered by cash flows.