Hefei Meyer Optoelectronic Technology Dividend
Dividend criteria checks 5/6
Hefei Meyer Optoelectronic Technology is a dividend paying company with a current yield of 4.54% that is well covered by earnings.
Key information
4.5%
Dividend yield
86%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.700 |
Earnings per share | CN¥0.82 |
Dividend yield forecast in 3Y | 6.5% |
Recent dividend updates
Recent updates
Hefei 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 |
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Segment | Dividend Yield |
---|---|
Company (002690) | 4.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (002690) | 6.5% |
Notable Dividend: 002690's dividend (4.54%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 002690's dividend (4.54%) is in the top 25% of dividend payers in the CN market (2.58%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.6%), 002690's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (104.1%), 002690's dividend payments are not well covered by cash flows.