Bafang Electric (Suzhou)Ltd Dividend
Dividend criteria checks 2/6
Bafang Electric (Suzhou)Ltd is a dividend paying company with a current yield of 3.84%. Next payment date is on 8th July, 2024 with an ex-dividend date of 8th July, 2024.
Key information
3.8%
Dividend yield
172%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 08 Jul 24 |
| Ex dividend date | 08 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.58 |
| Dividend yield forecast in 3Y | 7.8% |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603489 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603489's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Bafang Electric (Suzhou)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603489) | 3.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Leisure) | 2.3% |
| Analyst forecast in 3 Years (603489) | 7.8% |
Notable Dividend: 603489's dividend (3.84%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603489's dividend (3.84%) is in the top 25% of dividend payers in the CN market (2.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (171.7%), 603489's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.5%), 603489's dividend payments are not well covered by cash flows.