Zhejiang Asia-Pacific Mechanical & ElectronicLtd Dividend
Dividend criteria checks 4/6
Zhejiang Asia-Pacific Mechanical & ElectronicLtd is a dividend paying company with a current yield of 1.2% that is well covered by earnings.
Key information
1.2%
Dividend yield
55%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Earnings per share | CN¥0.18 |
| Dividend yield forecast | 1.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002284's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002284's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Asia-Pacific Mechanical & ElectronicLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002284) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (002284) (up to 3 years) | 1.2% |
Notable Dividend: 002284's dividend (1.2%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002284's dividend (1.2%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.7%), 002284's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.1%), 002284's dividend payments are well covered by cash flows.