CIMC Vehicles (Group) Dividend
Dividend criteria checks 3/6
CIMC Vehicles (Group) is a dividend paying company with a current yield of 5.62% that is well covered by earnings.
Key information
5.6%
Dividend yield
50%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.560 |
| Earnings per share | CN¥0.60 |
| Dividend yield forecast | 6.6% |
Recent dividend updates
Recent updates
We Think CIMC Vehicles (Group) (SZSE:301039) Can Stay On Top Of Its Debt
Aug 01
CIMC Vehicles (Group) (SZSE:301039) Is Reinvesting At Lower Rates Of Return
Jul 14Earnings Working Against CIMC Vehicles (Group) Co., Ltd.'s (SZSE:301039) Share Price
Jun 26Is There Now An Opportunity In CIMC Vehicles (Group) Co., Ltd. (SZSE:301039)?
Jun 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301039 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301039's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| CIMC Vehicles (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301039) | 5.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast (301039) (up to 3 years) | 6.6% |
Notable Dividend: 301039's dividend (5.62%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 301039's dividend (5.62%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), 301039's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.4%), 301039's dividend payments are not well covered by cash flows.