Huaming Power Equipment Co.,Ltd

SZSE:002270 Stock Report

Market Cap: CN¥18.2b

Huaming Power EquipmentLtd Dividend

Dividend criteria checks 2/6

Huaming Power EquipmentLtd is a dividend paying company with a current yield of 4.03%.

Key information

4.0%

Dividend yield

134%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.61
Dividend yield forecast in 3Y4.1%

Recent dividend updates

Recent updates

Huaming Power EquipmentLtd (SZSE:002270) Could Easily Take On More Debt

Apr 29
Huaming Power EquipmentLtd (SZSE:002270) Could Easily Take On More Debt

We Ran A Stock Scan For Earnings Growth And Huaming Power EquipmentLtd (SZSE:002270) Passed With Ease

Apr 03
We Ran A Stock Scan For Earnings Growth And Huaming Power EquipmentLtd (SZSE:002270) Passed With Ease

Huaming Power Equipment Co.,Ltd (SZSE:002270) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Mar 04
Huaming Power Equipment Co.,Ltd (SZSE:002270) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002270 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002270's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

Huaming Power EquipmentLtd Dividend Yield vs Market
How does 2270 dividend yield compare to the market?
SegmentDividend Yield
Company (2270)4.0%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Machinery)1.9%
Analyst forecast in 3 Years (2270)4.1%

Notable Dividend: 002270's dividend (4.03%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 002270's dividend (4.03%) is in the top 25% of dividend payers in the CN market (2.36%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (134.4%), 002270's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (131.5%), 002270's dividend payments are not well covered by cash flows.


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