Zhongzhong Science & Technology (Tianjin) Dividend
Dividend criteria checks 3/6
Zhongzhong Science & Technology (Tianjin) is a dividend paying company with a current yield of 1.54% that is well covered by earnings.
Key information
1.5%
Dividend yield
63%
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¥0.33 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603135's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603135's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Zhongzhong Science & Technology (Tianjin) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603135) | 1.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603135) | n/a |
Notable Dividend: 603135's dividend (1.54%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 603135's dividend (1.54%) is low compared to the top 25% of dividend payers in the CN market (2.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.5%), 603135's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.1%), 603135's dividend payments are covered by cash flows.