Zhejiang TongLi Transmission Technology Co., Ltd.

XSEC:301255 Stock Report

Market Cap: CN¥3.4b

Zhejiang TongLi Transmission Technology Dividend

Dividend criteria checks 2/6

Zhejiang TongLi Transmission Technology is a dividend paying company with a current yield of 1.63% that is well covered by earnings.

Key information

1.6%

Dividend yield

88%

Payout ratio

Industry average yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.500
Earnings per shareCN¥0.57
Future Dividend Yieldn/a

Recent dividend 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
How does 301255 dividend yield compare to the market?
SegmentDividend Yield
Company (301255)1.6%
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 (1.63%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).

High Dividend: 301255's dividend (1.63%) is low compared to the top 25% of dividend payers in the CN market (2.2%).


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.


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