Zhejiang Chint Electrics Dividend
Dividend criteria checks 3/6
Zhejiang Chint Electrics is a dividend paying company with a current yield of 2.94% that is well covered by earnings.
Key information
2.9%
Dividend yield
33%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.66 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601877's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601877's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Zhejiang Chint Electrics Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601877) | 2.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Electrical) | 1.9% |
Analyst forecast in 3 Years (601877) | 4.1% |
Notable Dividend: 601877's dividend (2.94%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 601877's dividend (2.94%) is in the top 25% of dividend payers in the CN market (2.51%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 601877's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (160.6%), 601877's dividend payments are not well covered by cash flows.