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 1.47% that is well covered by earnings.
Key information
1.5%
Dividend yield
-15.1%
Buyback Yield
| Total Shareholder Yield | -13.6% |
| 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
Stability 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) | 1.5% |
| 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 (1.47%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301255's dividend (1.47%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
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.