SEC Electric Machinery Co., Ltd.

SHSE:603988 Stock Report

Market Cap: CN¥5.0b

SEC Electric Machinery Dividends and Buybacks

Dividend criteria checks 2/6

SEC Electric Machinery is a dividend paying company with a current yield of 0.28% that is well covered by earnings.

Key information

0.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth5.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.060
Payout ratio67%

Recent dividend and buyback updates

No updates

Recent updates

Subdued Growth No Barrier To SEC Electric Machinery Co., Ltd. (SHSE:603988) With Shares Advancing 28%

Nov 10
Subdued Growth No Barrier To SEC Electric Machinery Co., Ltd. (SHSE:603988) With Shares Advancing 28%

Investors Can Find Comfort In SEC Electric Machinery's (SHSE:603988) Earnings Quality

Nov 06
Investors Can Find Comfort In SEC Electric Machinery's (SHSE:603988) Earnings Quality

SEC Electric Machinery Co., Ltd.'s (SHSE:603988) 42% Share Price Surge Not Quite Adding Up

Sep 25
SEC Electric Machinery Co., Ltd.'s (SHSE:603988) 42% Share Price Surge Not Quite Adding Up

Here's What's Concerning About SEC Electric Machinery's (SHSE:603988) Returns On Capital

Sep 23
Here's What's Concerning About SEC Electric Machinery's (SHSE:603988) Returns On Capital

SEC Electric Machinery Co., Ltd. (SHSE:603988) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Aug 10
SEC Electric Machinery Co., Ltd. (SHSE:603988) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

SEC Electric Machinery (SHSE:603988) Will Be Hoping To Turn Its Returns On Capital Around

Apr 24
SEC Electric Machinery (SHSE:603988) Will Be Hoping To Turn Its Returns On Capital Around

SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 05
SEC Electric Machinery's (SHSE:603988) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Revenues Not Telling The Story For SEC Electric Machinery Co., Ltd. (SHSE:603988)

Mar 06
Revenues Not Telling The Story For SEC Electric Machinery Co., Ltd. (SHSE:603988)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603988's dividend payments have been volatile in the past 10 years.

Growing Dividend: 603988's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

SEC Electric Machinery Dividend Yield vs Market
How does 603988 dividend yield compare to the market?
SegmentDividend Yield
Company (603988)0.3%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Electrical)1.5%
Analyst forecast (603988) (up to 3 years)n/a

Notable Dividend: 603988's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603988's dividend (0.28%) is low compared to the top 25% of dividend payers in the CN market (2.16%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (67%), 603988's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (17.5%), 603988's dividend payments are well covered by cash flows.


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