Shanghai Liangxin ElectricalLTD Dividend
Dividend criteria checks 5/6
Shanghai Liangxin ElectricalLTD is a dividend paying company with a current yield of 3.21% that is well covered by earnings.
Key information
3.2%
Dividend yield
53%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.46 |
| Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Shanghai Liangxin ElectricalLTD (SZSE:002706)
Apr 08
Analysts Have Just Cut Their Shanghai Liangxin Electrical Co.,LTD. (SZSE:002706) Revenue Estimates By 10%
Apr 04Earnings Report: Shanghai Liangxin Electrical Co.,LTD. Missed Revenue Estimates By 7.1%
Apr 02Returns On Capital At Shanghai Liangxin ElectricalLTD (SZSE:002706) Have Hit The Brakes
Apr 01Shanghai Liangxin ElectricalLTD (SZSE:002706) Has A Pretty Healthy Balance Sheet
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002706's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002706's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shanghai Liangxin ElectricalLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2706) | 3.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast in 3 Years (2706) | 4.9% |
Notable Dividend: 002706's dividend (3.21%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002706's dividend (3.21%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 002706's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.6%), 002706's dividend payments are covered by cash flows.