Zhejiang Meili High Technology Dividends and Buybacks
Dividend criteria checks 0/6
Zhejiang Meili High Technology is a dividend paying company with a current yield of 0.47%.
Key information
0.5%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Payout ratio | 10,933% |
Recent dividend and buyback updates
Recent updates
We Think Zhejiang Meili High Technology's (SZSE:300611) Robust Earnings Are Conservative
Apr 25
Investors 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 08Stability 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) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (300611) (up to 3 years) | n/a |
Notable Dividend: 300611's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 300611's dividend (0.47%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (10933.5%), 300611's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 300611's cash payout ratio to determine if its dividend payments are covered by cash flows.