Jiangsu Rongtai Industry Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu Rongtai Industry is a dividend paying company with a current yield of 0.7% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605133 has been paying a dividend for less than 10 years.
Growing Dividend: 605133 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Jiangsu Rongtai Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605133) | 0.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (605133) (up to 3 years) | 1.5% |
Notable Dividend: 605133's dividend (0.7%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605133's dividend (0.7%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.8%), 605133's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605133 is paying a dividend but the company has no free cash flows.