Zhejiang TongLi Transmission Technology Dividend
Dividend criteria checks 2/6
Zhejiang TongLi Transmission Technology is a dividend paying company with a current yield of 1.76% that is well covered by earnings.
Key information
1.8%
Dividend yield
80%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Earnings per share | CN¥0.64 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
The Returns On Capital At Zhejiang TongLi Transmission Technology (SZSE:301255) Don't Inspire Confidence
Aug 28
Zhejiang 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: Too early to tell whether 301255's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301255's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Zhejiang TongLi Transmission Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301255) | 1.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast (301255) (up to 3 years) | n/a |
Notable Dividend: 301255's dividend (1.76%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301255's dividend (1.76%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.5%), 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.