China Yongda Automobiles Services Holdings Limited
DB:1CY Stock Report
Market Cap: €490.3m
China Yongda Automobiles Services Holdings Dividend
Dividend criteria checks 5/6
China Yongda Automobiles Services Holdings is a dividend paying company with a current yield of 7.96% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 11th June, 2024.
Key information
8.0%
Dividend yield
53%
Payout ratio
Industry average yield
3.7%
Next dividend pay date
28 Jun 24
Ex dividend date
11 Jun 24
Dividend per share
n/a
Earnings per share
€0.30
Dividend yield forecast in 3Y
12.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1CY's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1CY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Yongda Automobiles Services Holdings Dividend Yield vs Market
How does 1CY dividend yield compare to the market?
Segment
Dividend Yield
Company (1CY)
8.0%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.7%
Industry Average (Specialty Retail)
3.7%
Analyst forecast in 3 Years (1CY)
12.8%
Notable Dividend: 1CY's dividend (7.96%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 1CY's dividend (7.96%) is in the top 25% of dividend payers in the German market (4.73%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.3%), 1CY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.9%), 1CY's dividend payments are covered by cash flows.