Suzhou Veichi Electric Dividend
Dividend criteria checks 2/6
Suzhou Veichi Electric is a dividend paying company with a current yield of 0.97% that is well covered by earnings.
Key information
1.0%
Dividend yield
27%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.96 |
| Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
No updates
Recent updates
Suzhou Veichi Electric (SHSE:688698) Shareholders Should Be Cautious Despite Solid Earnings
Apr 23
Suzhou Veichi Electric (SHSE:688698) Might Be Having Difficulty Using Its Capital Effectively
Mar 31There's Reason For Concern Over Suzhou Veichi Electric Co., Ltd.'s (SHSE:688698) Massive 27% Price Jump
Mar 04Should You Be Adding Suzhou Veichi Electric (SHSE:688698) To Your Watchlist Today?
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688698 has been paying a dividend for less than 10 years.
Growing Dividend: 688698's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Suzhou Veichi Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688698) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast in 3 Years (688698) | 1.8% |
Notable Dividend: 688698's dividend (0.97%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 688698's dividend (0.97%) is low compared to the top 25% of dividend payers in the CN market (2.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.9%), 688698's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688698 is paying a dividend but the company has no free cash flows.