Hefei Meyer Optoelectronic Technology Dividend
Dividend criteria checks 5/6
Hefei Meyer Optoelectronic Technology is a dividend paying company with a current yield of 4.6%.
Key information
4.6%
Dividend yield
98%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.700 |
| Earnings per share | CN¥0.72 |
| Future Dividend Yield | 5.2% |
Recent dividend updates
Recent updates
Improved Earnings Required Before Hefei Meyer Optoelectronic Technology Inc. (SZSE:002690) Stock's 37% Jump Looks Justified
Oct 08
There's No Escaping Hefei Meyer Optoelectronic Technology Inc.'s (SZSE:002690) Muted Earnings
Aug 08Hefei Meyer Optoelectronic Technology (SZSE:002690) Is Investing Its Capital With Increasing Efficiency
May 22Investors Aren't Buying Hefei Meyer Optoelectronic Technology Inc.'s (SZSE:002690) Earnings
Apr 25Hefei Meyer Optoelectronic Technology (SZSE:002690) Strong Profits May Be Masking Some Underlying Issues
Apr 05Earnings Miss: Hefei Meyer Optoelectronic Technology Inc. Missed EPS By 6.4% And Analysts Are Revising Their Forecasts
Apr 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002690's dividends per share have been stable in the past 10 years.
Growing Dividend: 002690's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hefei Meyer Optoelectronic Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002690) | 4.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002690) (up to 3 years) | 5.2% |
Notable Dividend: 002690's dividend (4.6%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002690's dividend (4.6%) is in the top 25% of dividend payers in the CN market (2.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.6%), 002690's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.5%), 002690's dividend payments are covered by cash flows.