Tianneng Battery Group Dividend
Dividend criteria checks 4/6
Tianneng Battery Group is a dividend paying company with a current yield of 2.37% that is well covered by earnings.
Key information
2.4%
Dividend yield
29%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.25 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688819 has been paying a dividend for less than 10 years.
Growing Dividend: 688819's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Tianneng Battery Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688819) | 2.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Auto Components) | 1.7% |
Analyst forecast in 3 Years (688819) | 2.4% |
Notable Dividend: 688819's dividend (2.37%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 688819's dividend (2.37%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.9%), 688819's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.4%), 688819's dividend payments are covered by cash flows.