Chengdu Tangyuan ElectricLtd Dividends and Buybacks
Dividend criteria checks 3/6
Chengdu Tangyuan ElectricLtd is a dividend paying company with a current yield of 1.37% that is well covered by earnings.
Key information
1.4%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 20.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.225 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Chengdu Tangyuan Electric Co.,Ltd.'s (SZSE:300789) Share Price Boosted 39% But Its Business Prospects Need A Lift Too
Oct 16
Chengdu Tangyuan ElectricLtd's (SZSE:300789) Dividend Is Being Reduced To CN¥0.292
Jun 03Chengdu 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 5 years.
Dividend Yield vs Market
| Chengdu Tangyuan ElectricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300789) | 1.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (300789) (up to 3 years) | n/a |
Notable Dividend: 300789's dividend (1.37%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300789's dividend (1.37%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), 300789's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.8%), 300789's dividend payments are well covered by cash flows.