Changzhou Xiangming Intelligent Drive System Dividends and Buybacks
Dividend criteria checks 2/6
Changzhou Xiangming Intelligent Drive System is a dividend paying company with a current yield of 0.98%.
Key information
1.0%
Dividend yield
-0.006%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.230 |
| Payout ratio | 122% |
Recent dividend and buyback updates
Recent updates
There's Reason For Concern Over Changzhou Xiangming Intelligent Drive System Corporation's (SZSE:301226) Massive 31% Price Jump
Nov 06
We Think That There Are More Issues For Changzhou Xiangming Intelligent Drive System (SZSE:301226) Than Just Sluggish Earnings
Nov 04Changzhou Xiangming Intelligent Drive System's (SZSE:301226) Returns On Capital Not Reflecting Well On The Business
Oct 04Changzhou Xiangming Intelligent Drive System's (SZSE:301226) Returns On Capital Not Reflecting Well On The Business
Jun 07Changzhou Xiangming Intelligent Drive System's (SZSE:301226) Conservative Accounting Might Explain Soft Earnings
May 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301226 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301226 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Changzhou Xiangming Intelligent Drive System Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301226) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301226) (up to 3 years) | n/a |
Notable Dividend: 301226's dividend (0.98%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301226's dividend (0.98%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (122.2%), 301226's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.4%), 301226's dividend payments are covered by cash flows.