Zhuhai CosMX Battery Dividend
Dividend criteria checks 2/6
Zhuhai CosMX Battery is a dividend paying company with a current yield of 1.8% that is well covered by earnings. Next payment date is on 29th July, 2024 with an ex-dividend date of 29th July, 2024.
Key information
1.8%
Dividend yield
58%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | 29 Jul 24 |
Ex dividend date | 29 Jul 24 |
Dividend per share | CN¥0.270 |
Earnings per share | CN¥0.44 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
No updates
Recent updates
Is It Too Late To Consider Buying Zhuhai CosMX Battery Co., Ltd. (SHSE:688772)?
Jul 14Zhuhai CosMX Battery (SHSE:688772) Seems To Use Debt Quite Sensibly
May 13Zhuhai CosMX Battery's (SHSE:688772) Earnings Aren't As Good As They Appear
Apr 15Zhuhai CosMX Battery Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 11Why We're Not Concerned About Zhuhai CosMX Battery Co., Ltd.'s (SHSE:688772) Share Price
Apr 09The Returns On Capital At Zhuhai CosMX Battery (SHSE:688772) Don't Inspire Confidence
Mar 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688772 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688772's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Zhuhai CosMX Battery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688772) | 1.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.7% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (688772) | 2.4% |
Notable Dividend: 688772's dividend (1.8%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 688772's dividend (1.8%) is low compared to the top 25% of dividend payers in the CN market (2.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.4%), 688772's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (210.2%), 688772's dividend payments are not well covered by cash flows.