Zhejiang Tengen ElectricsLtd Dividends and Buybacks
Dividend criteria checks 3/6
Zhejiang Tengen ElectricsLtd is a dividend paying company with a current yield of 3.41%.
Key information
3.4%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 41.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 133% |
Recent dividend and buyback updates
No updates
Recent updates
Zhejiang Tengen ElectricsLtd (SHSE:605066) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 05
Investors Don't See Light At End Of Zhejiang Tengen Electrics Co.,Ltd.'s (SHSE:605066) Tunnel
Jul 03Shareholders Can Be Confident That Zhejiang Tengen ElectricsLtd's (SHSE:605066) Earnings Are High Quality
Apr 29Subdued Growth No Barrier To Zhejiang Tengen Electrics Co.,Ltd. (SHSE:605066) With Shares Advancing 26%
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605066 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605066 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Tengen ElectricsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605066) | 3.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (605066) (up to 3 years) | 3.4% |
Notable Dividend: 605066's dividend (3.41%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605066's dividend (3.41%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (132.9%), 605066's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.3%), 605066's dividend payments are covered by cash flows.