Tianjin Meiteng Technology Dividends and Buybacks
Dividend criteria checks 2/6
Tianjin Meiteng Technology is a dividend paying company with a current yield of 1.29% that is well covered by earnings.
Key information
1.3%
Dividend yield
-1.0%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 35% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688420 has been paying a dividend for less than 10 years.
Growing Dividend: 688420 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Tianjin Meiteng Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688420) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (688420) (up to 3 years) | n/a |
Notable Dividend: 688420's dividend (1.29%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688420's dividend (1.29%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.8%), 688420's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688420 is paying a dividend but the company has no free cash flows.