Shenzhen Megmeet Electrical Dividends and Buybacks
Dividend criteria checks 2/6
Shenzhen Megmeet Electrical is a dividend paying company with a current yield of 0.57% that is well covered by earnings.
Key information
0.6%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 4.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.218 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Shenzhen Megmeet Electrical Co., LTD's (SZSE:002851) 30% Share Price Surge Not Quite Adding Up
Nov 19
Shenzhen Megmeet Electrical's (SZSE:002851) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 06Not Many Are Piling Into Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Just Yet
Sep 18Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Shares Could Be 42% Below Their Intrinsic Value Estimate
Aug 30Is Shenzhen Megmeet Electrical (SZSE:002851) A Risky Investment?
Jun 05The Market Lifts Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Shares 27% But It Can Do More
May 21Shenzhen Megmeet Electrical's (SZSE:002851) Profits May Be Overstating Its True Earnings Potential
May 06Is Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Trading At A 49% Discount?
Apr 25Some Investors May Be Worried About Shenzhen Megmeet Electrical's (SZSE:002851) Returns On Capital
Apr 08Shenzhen Megmeet Electrical Co., LTD (SZSE:002851) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002851 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002851's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shenzhen Megmeet Electrical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002851) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002851) (up to 3 years) | 1.1% |
Notable Dividend: 002851's dividend (0.57%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002851's dividend (0.57%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.4%), 002851's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002851 is paying a dividend but the company has no free cash flows.