Chengdu Tangyuan ElectricLtd Dividend
Dividend criteria checks 3/6
Chengdu Tangyuan ElectricLtd is a dividend paying company with a current yield of 1.81% that is well covered by earnings.
Key information
1.8%
Dividend yield
29%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.76 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Chengdu Tangyuan ElectricLtd's (SZSE:300789) Dividend Is Being Reduced To CN¥0.292
Jun 03
Chengdu Tangyuan Electric Co.,Ltd.'s (SZSE:300789) Price Is Right But Growth Is Lacking After Shares Rocket 32%
Mar 06Investors Could Be Concerned With Chengdu Tangyuan ElectricLtd's (SZSE:300789) Returns On Capital
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300789 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300789's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Chengdu Tangyuan ElectricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300789) | 1.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (300789) | n/a |
Notable Dividend: 300789's dividend (1.81%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300789's dividend (1.81%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), 300789's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.6%), 300789's dividend payments are well covered by cash flows.