TCL Zhonghuan Renewable Energy TechnologyLtd Dividend
Dividend criteria checks 2/6
TCL Zhonghuan Renewable Energy TechnologyLtd is a dividend paying company with a current yield of 2.49%.
Key information
2.5%
Dividend yield
367%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.07 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Downgrade: Here's How Analysts See TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (SZSE:002129) Performing In The Near Term
May 01
Insufficient Growth At TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (SZSE:002129) Hampers Share Price
Apr 04Returns On Capital Are Showing Encouraging Signs At TCL Zhonghuan Renewable Energy TechnologyLtd (SZSE:002129)
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002129 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002129's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| TCL Zhonghuan Renewable Energy TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2129) | 2.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Semiconductor) | 1.4% |
| Analyst forecast in 3 Years (2129) | 1.6% |
Notable Dividend: 002129's dividend (2.49%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002129's dividend (2.49%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (366.7%), 002129's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002129 is paying a dividend but the company has no free cash flows.