Zhongyeda Electric Dividend
Dividend criteria checks 5/6
Zhongyeda Electric is a dividend paying company with a current yield of 4.06% that is well covered by earnings.
Key information
4.1%
Dividend yield
73%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.41 |
Dividend yield forecast in 3Y | n/a |
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (002441) | 4.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Trade Distributors) | 3.6% |
Analyst forecast in 3 Years (002441) | n/a |
Notable Dividend: 002441's dividend (4.06%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 002441's dividend (4.06%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.2%), 002441's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.6%), 002441's dividend payments are well covered by cash flows.