Transfar Zhilian Dividend
Dividend criteria checks 2/6
Transfar Zhilian is a dividend paying company with a current yield of 2.27% that is well covered by earnings.
Key information
2.3%
Dividend yield
47%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.25 |
| Dividend yield forecast in 3Y | 2.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002010 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002010 has only been paying a dividend for 8 years, and since then payments have not increased.
Dividend Yield vs Market
| Transfar Zhilian Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2010) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast in 3 Years (2010) | 2.3% |
Notable Dividend: 002010's dividend (2.27%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002010's dividend (2.27%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.3%), 002010's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1337.9%), 002010's dividend payments are not well covered by cash flows.