Zhejiang Meili High Technology Dividends and Buybacks
Dividend criteria checks 1/6
Zhejiang Meili High Technology is a dividend paying company with a current yield of 0.42% that is well covered by earnings. Next payment date is on 15th May, 2025 with an ex-dividend date of 15th May, 2025.
Key information
0.4%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | -0.05% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | -9.4% |
| Next dividend pay date | 15 May 25 |
| Ex dividend date | 15 May 25 |
| Dividend per share | n/a |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Zhejiang Meili High Technology Co., Ltd.'s (SZSE:300611) 109% Jump Shows Its Popularity With Investors
Apr 01
We Think Zhejiang Meili High Technology (SZSE:300611) Can Stay On Top Of Its Debt
Mar 31Zhejiang Meili High Technology (SZSE:300611) Will Want To Turn Around Its Return Trends
Dec 19We Think Zhejiang Meili High Technology's (SZSE:300611) Robust Earnings Are Conservative
Apr 25Investors Could Be Concerned With Zhejiang Meili High Technology's (SZSE:300611) Returns On Capital
Apr 16A Piece Of The Puzzle Missing From Zhejiang Meili High Technology Co., Ltd.'s (SZSE:300611) 37% Share Price Climb
Mar 08Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300611 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300611 has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Meili High Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300611) | 0.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.7% |
| Analyst forecast (300611) (up to 3 years) | 2.7% |
Notable Dividend: 300611's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300611's dividend (0.42%) is low compared to the top 25% of dividend payers in the CN market (2.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.4%), 300611's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300611 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/12 10:27 |
| End of Day Share Price | 2025/05/12 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Zhejiang Meili High Technology Co., Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xuxia Tang | Guosen Securities Co., Ltd. |