Shanghai Mechanical & Electrical IndustryLtd Dividends and Buybacks
Dividend criteria checks 5/6
Shanghai Mechanical & Electrical IndustryLtd is a dividend paying company with a current yield of 2.21% that is well covered by earnings.
Key information
2.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 72% |
Recent dividend and buyback updates
No updates
Recent updates
Shanghai Mechanical & Electrical Industry Co.,Ltd.'s (SHSE:600835) Shares Bounce 36% But Its Business Still Trails The Market
Oct 17
An Intrinsic Calculation For Shanghai Mechanical & Electrical Industry Co.,Ltd. (SHSE:600835) Suggests It's 42% Undervalued
Sep 23Investors Aren't Buying Shanghai Mechanical & Electrical Industry Co.,Ltd.'s (SHSE:600835) Earnings
Jul 30Shanghai Mechanical & Electrical IndustryLtd (SHSE:600835) Has A Pretty Healthy Balance Sheet
Jun 12Weak Statutory Earnings May Not Tell The Whole Story For Shanghai Mechanical & Electrical IndustryLtd (SHSE:600835)
May 03Shanghai Mechanical & Electrical IndustryLtd (SHSE:600835) May Have Issues Allocating Its Capital
Apr 17One Analyst Just Shaved Their Shanghai Mechanical & Electrical Industry Co.,Ltd. (SHSE:600835) Forecasts Dramatically
Mar 30Shanghai Mechanical & Electrical Industry Co.,Ltd. Just Missed Revenue By 7.6%: Here's What Analysts Think Will Happen Next
Mar 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600835's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600835's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shanghai Mechanical & Electrical IndustryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600835) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (600835) (up to 3 years) | 2.2% |
Notable Dividend: 600835's dividend (2.21%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600835's dividend (2.21%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72%), 600835's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46%), 600835's dividend payments are well covered by cash flows.