Ming Yang Smart Energy Group Dividend
Dividend criteria checks 3/6
Ming Yang Smart Energy Group is a dividend paying company with a current yield of 3.1% that is well covered by earnings.
Key information
3.1%
Dividend yield
75%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.42 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 601615 has been paying a dividend for less than 10 years.
Growing Dividend: 601615's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Ming Yang Smart Energy Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (601615) | 3.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electrical) | 1.7% |
Analyst forecast in 3 Years (601615) | 3.9% |
Notable Dividend: 601615's dividend (3.1%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601615's dividend (3.1%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.6%), 601615's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601615 is paying a dividend but the company has no free cash flows.