Jiangsu Tongli Risheng Machinery Dividend
Dividend criteria checks 3/6
Jiangsu Tongli Risheng Machinery is a dividend paying company with a current yield of 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
31%
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¥1.23 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605286 has been paying a dividend for less than 10 years.
Growing Dividend: 605286's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Jiangsu Tongli Risheng Machinery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (605286) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (605286) | n/a |
Notable Dividend: 605286's dividend (1.56%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 605286's dividend (1.56%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.9%), 605286's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.2%), 605286's dividend payments are covered by cash flows.