Zhongshan Broad-Ocean Motor Dividend
Dividend criteria checks 5/6
Zhongshan Broad-Ocean Motor is a dividend paying company with a current yield of 4.02% that is well covered by earnings.
Key information
4.0%
Dividend yield
75%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.28 |
Dividend yield forecast in 3Y | 4.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002249's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002249's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zhongshan Broad-Ocean Motor Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2249) | 4.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Electrical) | 1.7% |
Analyst forecast in 3 Years (2249) | 4.0% |
Notable Dividend: 002249's dividend (4.02%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002249's dividend (4.02%) is in the top 25% of dividend payers in the CN market (2.24%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.2%), 002249's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.9%), 002249's dividend payments are well covered by cash flows.