Zhuzhou CRRC Times Electric Dividend
Dividend criteria checks 4/6
Zhuzhou CRRC Times Electric is a dividend paying company with a current yield of 2.96% that is well covered by earnings.
Key information
3.0%
Dividend yield
32%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.780 |
Earnings per share | CN¥2.45 |
Dividend yield forecast | 4.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688187's dividend payments have been volatile in the past 10 years.
Growing Dividend: 688187's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zhuzhou CRRC Times Electric Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688187) | 3.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast (688187) (up to 3 years) | 4.4% |
Notable Dividend: 688187's dividend (2.96%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688187's dividend (2.96%) is in the top 25% of dividend payers in the CN market (2.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.9%), 688187's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1816.3%), 688187's dividend payments are not well covered by cash flows.