Zhongshan Broad-Ocean Motor Dividends and Buybacks
Dividend criteria checks 5/6
Zhongshan Broad-Ocean Motor is a dividend paying company with a current yield of 3.51% that is well covered by earnings.
Key information
3.5%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 9.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.190 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
With EPS Growth And More, Zhongshan Broad-Ocean Motor (SZSE:002249) Makes An Interesting Case
Oct 28
We Like These Underlying Return On Capital Trends At Zhongshan Broad-Ocean Motor (SZSE:002249)
Oct 13Zhongshan Broad-Ocean Motor (SZSE:002249) Could Easily Take On More Debt
Sep 25We Think Zhongshan Broad-Ocean Motor's (SZSE:002249) Robust Earnings Are Conservative
Sep 02Market Still Lacking Some Conviction On Zhongshan Broad-Ocean Motor Co., Ltd. (SZSE:002249)
Aug 01Zhongshan Broad-Ocean Motor (SZSE:002249) Has A Rock Solid Balance Sheet
Jun 10Returns Are Gaining Momentum At Zhongshan Broad-Ocean Motor (SZSE:002249)
Apr 24Zhongshan Broad-Ocean Motor Co., Ltd.'s (SZSE:002249) Earnings Are Not Doing Enough For Some Investors
Mar 20Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002249) | 3.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002249) (up to 3 years) | 3.5% |
Notable Dividend: 002249's dividend (3.51%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002249's dividend (3.51%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.5%), 002249's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), 002249's dividend payments are well covered by cash flows.