Jiangsu Tongda Power TechnologyLtd Dividend
Dividend criteria checks 3/6
Jiangsu Tongda Power TechnologyLtd is a dividend paying company with a current yield of 0.41% that is well covered by earnings.
Key information
0.4%
Dividend yield
12%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.46 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002576's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002576's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Jiangsu Tongda Power TechnologyLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2576) | 0.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (2576) | n/a |
Notable Dividend: 002576's dividend (0.41%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002576's dividend (0.41%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12%), 002576's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.5%), 002576's dividend payments are thoroughly covered by cash flows.