Shanghai Morn Electric Equipment Co., Ltd.

SZSE:002451 Stock Report

Market Cap: CN¥2.5b

Shanghai Morn Electric Equipment Dividend

Dividend criteria checks 0/6

Shanghai Morn Electric Equipment is a dividend paying company with a current yield of 0.17%.

Key information

0.2%

Dividend yield

29%

Payout ratio

Industry average yield1.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.032
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Shanghai Morn Electric Equipment's (SZSE:002451) Shareholders May Want To Dig Deeper Than Statutory Profit

Apr 01
Shanghai Morn Electric Equipment's (SZSE:002451) Shareholders May Want To Dig Deeper Than Statutory Profit

Further Upside For Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) Shares Could Introduce Price Risks After 28% Bounce

Mar 06
Further Upside For Shanghai Morn Electric Equipment Co., Ltd. (SZSE:002451) Shares Could Introduce Price Risks After 28% Bounce

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002451 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 002451 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Shanghai Morn Electric Equipment Dividend Yield vs Market
How does 2451 dividend yield compare to the market?
SegmentDividend Yield
Company (2451)0.2%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Electrical)1.8%
Analyst forecast in 3 Years (2451)n/a

Notable Dividend: 002451's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 002451's dividend (0.17%) is low compared to the top 25% of dividend payers in the CN market (2.36%).


Earnings Payout to Shareholders

Earnings Coverage: 002451 is not paying a notable dividend for the CN market.


Cash Payout to Shareholders

Cash Flow Coverage: 002451 is not paying a notable dividend for the CN market.


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