Shenzhen VMAX New Energy Dividend
Dividend criteria checks 3/6
Shenzhen VMAX New Energy is a dividend paying company with a current yield of 3.17% that is well covered by earnings.
Key information
3.2%
Dividend yield
46%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Earnings per share | CN¥1.26 |
| Dividend yield forecast in 3Y | 6.9% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688612's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688612's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shenzhen VMAX New Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688612) | 3.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Auto Components) | 2.0% |
| Analyst forecast in 3 Years (688612) | 6.9% |
Notable Dividend: 688612's dividend (3.17%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 688612's dividend (3.17%) is in the top 25% of dividend payers in the CN market (2.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46%), 688612's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (811.6%), 688612's dividend payments are not well covered by cash flows.