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Dividend Yield: 4.7%

Tianjin Yiyi Hygiene Products Ltd's dividend yield of 4.65% is among the top in the CN market, though its reliability is questionable due to a volatile track record over four years. The dividends are covered by earnings and cash flows with payout ratios of 73.7% and 69.4%, respectively, suggesting sustainability despite recent decreases in payouts. The company has announced a share buyback program worth up to CNY 40 million, potentially supporting shareholder value amidst fluctuating dividend stability.

• Navigate through the intricacies of Tianjin Yiyi Hygiene ProductsLtd with our comprehensive dividend report here.

• Our valuation report here indicates Tianjin Yiyi Hygiene ProductsLtd may be undervalued.

Sumitomo Riko

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Sumitomo Riko Company Limited manufactures and sells automotive parts, with a market cap of ¥166.74 billion.

Operations: Sumitomo Riko Company Limited generates its revenue primarily from Automobile Supplies, contributing ¥572.90 billion, followed by General Industrial Supplies at ¥76.63 billion.

Dividend Yield: 3.7%

Sumitomo Riko's dividend yield of 3.74% is slightly below the top tier in Japan, with a history of volatility over the past decade. Despite this, dividends are well covered by earnings and cash flows, with low payout ratios of 19.7% and 19%, respectively. The stock trades at a favorable price-to-earnings ratio of 6.1x compared to the market average, indicating good value despite its unstable dividend track record and recent share price volatility.

• Unlock comprehensive insights into our analysis of Sumitomo Riko stock in this dividend report.

• The valuation report we've compiled suggests that Sumitomo Riko's current price could be quite moderate.

Summing It All Up

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:992 SZSE:001206 and TSE:5191.

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