Double Coin Holdings Dividend yield

Double Coin Holdings is part of Automobiles and Parts business, which is part of Consumer Goods industry. Double Coin Holdings is a company from China, and his stocks are publicly traded.

Double Coin Holdings stock dividend

Double Coin Holdings paid a total dividend of 7 million USD last year, for a market value of 97 millions (Market Cap 763 millions). Double Coin Holdings dividend per share is 0.03 USD, and his stock market price 0.40 USD.

According to the chart below, where dividend yield is displayed, Double Coin Holdings has a dividend yield of 6.71%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Double Coin Holdings stocks dividend with other Automobiles and Parts companies or other of the high China dividend stocks list.

Double Coin Holdings Dividend Payout

About the ability of Double Coin Holdings to maintain his current dividend of USD 0.03 per share, an amount that accounts for 6.71%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Double Coin Holdings payout on ernings is currently 33.33%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Double Coin Holdingscan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Double Coin Holdings is USD 0.50 per share, which is higher than the dividend per share paid by the company of USD 0.03, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Double Coin Holdings, compared againt world market average, China companies, Consumer Goods industry and Automobiles and Parts sector companies.

Double Coin Holdings Dividend History

Below you will find a table with the historical evolution of Double Coin Holdings's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	6.71%	0.03	33.33%	243
2022	10.99%	0.06	30.00%	243
2021	1.28%	0.01	25.00%	243
2020	3.07%	0.01	20.00%	243
2019	6.52%	0.04	30.77%	243
2018	1.76%	0.02	40.00%	243
2017	0.96%	0.01	25.00%	243
2016	1.52%	0.02	15.38%	243
2015	2.13%	0.02	33.33%	243

*In millions

Then you can see the evolution of Double Coin Holdings dividend stock, and compare it with the average of China stocks and that of the Automobiles and Parts stocks.

Double Coin Holdings Stock performance

Finally, last moth Double Coin Holdings showed a return of -13.00% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -39.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Automobiles and Parts firms.