Tjk Machinery (Tianjin) Dividend
Dividend criteria checks 2/6
Tjk Machinery (Tianjin) is a dividend paying company with a current yield of 3.21%.
Key information
3.2%
Dividend yield
95%
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¥0.59 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability 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 Machinery (Tianjin) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300823) | 3.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (300823) | n/a |
Notable Dividend: 300823's dividend (3.21%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300823's dividend (3.21%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.8%), 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.