Changzhou Xiangming Intelligent Drive System Dividend
Dividend criteria checks 2/6
Changzhou Xiangming Intelligent Drive System is a dividend paying company with a current yield of 2.25% that is well covered by earnings.
Key information
2.2%
Dividend yield
74%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.29 |
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, 301226 has been paying a dividend for less than 10 years.
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 |
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Segment | Dividend Yield |
---|---|
Company (301226) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electrical) | 1.7% |
Analyst forecast in 3 Years (301226) | n/a |
Notable Dividend: 301226's dividend (2.25%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301226's dividend (2.25%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.7%), 301226's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301226 is paying a dividend but the company has no free cash flows.