Jiangsu Tongxingbao Intelligent Transportation Technology Dividend
Dividend criteria checks 3/6
Jiangsu Tongxingbao Intelligent Transportation Technology is a dividend paying company with a current yield of 1.64% that is well covered by earnings.
Key information
1.6%
Dividend yield
61%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Earnings per share | CN¥0.48 |
| Dividend yield forecast | 1.6% |
Recent dividend updates
Recent updates
Jiangsu Tongxingbao Intelligent Transportation Technology (SZSE:301339) Is Increasing Its Dividend To CN¥0.30
Jul 01
Jiangsu Tongxingbao Intelligent Transportation Technology (SZSE:301339) Will Be Hoping To Turn Its Returns On Capital Around
Jun 18Jiangsu Tongxingbao Intelligent Transportation Technology (SZSE:301339) Will Be Hoping To Turn Its Returns On Capital Around
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301339's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301339's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Jiangsu Tongxingbao Intelligent Transportation Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301339) | 1.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Electronic) | 1.6% |
| Analyst forecast (301339) (up to 3 years) | 1.6% |
Notable Dividend: 301339's dividend (1.64%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301339's dividend (1.64%) is low compared to the top 25% of dividend payers in the CN market (2.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.4%), 301339's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.1%), 301339's dividend payments are covered by cash flows.