Jiangsu Tongda Power TechnologyLtd Dividend
Dividend criteria checks 3/6
Jiangsu Tongda Power TechnologyLtd is a dividend paying company with a current yield of 0.46% that is well covered by earnings.
Key information
0.5%
Dividend yield
12%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.055 |
Earnings per share | CN¥0.46 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Jiangsu Tongda Power TechnologyLtd (SZSE:002576) Is Doing The Right Things To Multiply Its Share Price
Jul 26Why Jiangsu Tongda Power TechnologyLtd's (SZSE:002576) Earnings Are Better Than They Seem
Apr 04There's No Escaping Jiangsu Tongda Power Technology Co.,Ltd.'s (SZSE:002576) Muted Earnings Despite A 28% Share Price Rise
Mar 07Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (002576) | 0.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (002576) | n/a |
Notable Dividend: 002576's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002576's dividend (0.46%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
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.