TBEA Dividend
Dividend criteria checks 4/6
TBEA is a dividend paying company with a current yield of 1.45% that is well covered by earnings. Next payment date is on 4th July, 2024 with an ex-dividend date of 4th July, 2024.
Key information
1.5%
Dividend yield
11%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | 04 Jul 24 |
Ex dividend date | 04 Jul 24 |
Dividend per share | n/a |
Earnings per share | CN¥1.57 |
Dividend yield forecast in 3Y | 2.5% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600089's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600089's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TBEA Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600089) | 1.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Electrical) | 1.9% |
Analyst forecast in 3 Years (600089) | 2.5% |
Notable Dividend: 600089's dividend (1.45%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 600089's dividend (1.45%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.2%), 600089's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.4%), 600089's dividend payments are well covered by cash flows.