Zhongyeda Electric Dividends and Buybacks
Dividend criteria checks 4/6
Zhongyeda Electric is a dividend paying company with a current yield of 3.82%.
Key information
3.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 14.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 122% |
Recent dividend and buyback updates
Recent updates
Zhongyeda Electric (SZSE:002441) Will Be Looking To Turn Around Its Returns
Sep 28
There May Be Reason For Hope In Zhongyeda Electric's (SZSE:002441) Disappointing Earnings
Sep 06Zhongyeda Electric (SZSE:002441) May Have Issues Allocating Its Capital
Jun 07Zhongyeda Electric Co., Ltd. (SZSE:002441) Looks Inexpensive But Perhaps Not Attractive Enough
Apr 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002441's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002441's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhongyeda Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002441) | 3.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Trade Distributors) | 2.9% |
| Analyst forecast (002441) (up to 3 years) | n/a |
Notable Dividend: 002441's dividend (3.82%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002441's dividend (3.82%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (122.3%), 002441's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.1%), 002441's dividend payments are well covered by cash flows.