Shanghai Kelai Mechatronics EngineeringLtd Dividend
Dividend criteria checks 2/6
Shanghai Kelai Mechatronics EngineeringLtd is a dividend paying company with a current yield of 0.55% that is well covered by earnings.
Key information
0.5%
Dividend yield
31%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.106 |
Earnings per share | CN¥0.34 |
Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
No updates
Recent updates
Shanghai Kelai Mechatronics Engineering Co.,Ltd. (SHSE:603960) Not Flying Under The Radar
Aug 01What Does Shanghai Kelai Mechatronics Engineering Co.,Ltd.'s (SHSE:603960) Share Price Indicate?
May 13Shanghai Kelai Mechatronics Engineering Co.,Ltd. (SHSE:603960) Stocks Pounded By 28% But Not Lagging Market On Growth Or Pricing
Apr 16Shanghai Kelai Mechatronics EngineeringLtd (SHSE:603960) Could Be Struggling To Allocate Capital
Apr 12After Leaping 190% Shanghai Kelai Mechatronics Engineering Co.,Ltd. (SHSE:603960) Shares Are Not Flying Under The Radar
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603960 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603960's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Shanghai Kelai Mechatronics EngineeringLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603960) | 0.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603960) | 0.5% |
Notable Dividend: 603960's dividend (0.55%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603960's dividend (0.55%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), 603960's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.3%), 603960's dividend payments are well covered by cash flows.