Zhejiang Mustang BatteryLtd Dividend
Dividend criteria checks 2/6
Zhejiang Mustang BatteryLtd is a dividend paying company with a current yield of 2.25% that is well covered by earnings.
Key information
2.3%
Dividend yield
67%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.89 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605378 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605378 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
Zhejiang Mustang BatteryLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (605378) | 2.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Household Products) | 2.1% |
Analyst forecast in 3 Years (605378) | n/a |
Notable Dividend: 605378's dividend (2.25%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605378's dividend (2.25%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.6%), 605378's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (228.9%), 605378's dividend payments are not well covered by cash flows.