Zhejiang TongLi Transmission Technology Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang TongLi Transmission Technology is a dividend paying company with a current yield of 1.43% that is well covered by earnings.
Key information
1.4%
Dividend yield
-14.6%
Buyback Yield
| Total Shareholder Yield | -13.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 88% |
Recent dividend and buyback updates
Recent updates
Zhejiang TongLi Transmission Technology's (SZSE:301255) Problems Go Beyond Poor Profit
Nov 04
The Returns On Capital At Zhejiang TongLi Transmission Technology (SZSE:301255) Don't Inspire Confidence
Aug 28Zhejiang TongLi Transmission Technology's (SZSE:301255) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 07Earnings Troubles May Signal Larger Issues for Zhejiang TongLi Transmission Technology (SZSE:301255) Shareholders
May 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301255 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301255 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang TongLi Transmission Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301255) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (301255) (up to 3 years) | n/a |
Notable Dividend: 301255's dividend (1.43%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301255's dividend (1.43%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.2%), 301255's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301255 is paying a dividend but the company has no free cash flows.