Mesnac Dividend
Dividend criteria checks 3/6
Mesnac is a dividend paying company with a current yield of 1.11% that is well covered by earnings.
Key information
1.1%
Dividend yield
25%
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¥0.38 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Mesnac Co., Ltd. (SZSE:002073) Soars 34% But It's A Story Of Risk Vs Reward
Apr 23
We Like These Underlying Return On Capital Trends At Mesnac (SZSE:002073)
Apr 22A Piece Of The Puzzle Missing From Mesnac Co., Ltd.'s (SZSE:002073) 27% Share Price Climb
Mar 09Mesnac (SZSE:002073) Has A Pretty Healthy Balance Sheet
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002073's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002073's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mesnac Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2073) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (2073) | n/a |
Notable Dividend: 002073's dividend (1.11%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002073's dividend (1.11%) 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 (25.2%), 002073's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002073 is paying a dividend but the company has no free cash flows.