TJK Intelligent Equipment Manufacturing (Tianjin) Dividend
Dividend criteria checks 2/6
TJK Intelligent Equipment Manufacturing (Tianjin) is a dividend paying company with a current yield of 3.64%.
Key information
3.6%
Dividend yield
97%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.420 |
| Earnings per share | CN¥0.42 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Tjk Machinery (Tianjin) (SZSE:300823) Will Pay A Larger Dividend Than Last Year At CN¥0.588
May 31
Solid Earnings Reflect Tjk Machinery (Tianjin)'s (SZSE:300823) Strength As A Business
Apr 30Tjk Machinery (Tianjin) (SZSE:300823) Is Reinvesting At Lower Rates Of Return
Apr 04Earnings Not Telling The Story For Tjk Machinery (Tianjin) Co., Ltd. (SZSE:300823) After Shares Rise 33%
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300823 has been paying a dividend for less than 10 years.
Growing Dividend: 300823's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| TJK Intelligent Equipment Manufacturing (Tianjin) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300823) | 3.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast (300823) (up to 3 years) | n/a |
Notable Dividend: 300823's dividend (3.64%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 300823's dividend (3.64%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.7%), 300823's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300823 is paying a dividend but the company has no free cash flows.