Tianneng Battery Group Dividends and Buybacks
Dividend criteria checks 3/6
Tianneng Battery Group is a dividend paying company with a current yield of 2.28% that is well covered by earnings.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 14.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.650 |
| Payout ratio | 31% |
Recent dividend and buyback 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 4 years.
Dividend Yield vs Market
| Tianneng Battery Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688819) | 2.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (688819) (up to 3 years) | 3.4% |
Notable Dividend: 688819's dividend (2.28%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 688819's dividend (2.28%) is in the top 25% of dividend payers in the CN market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.7%), 688819's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.5%), 688819's dividend payments are not well covered by cash flows.