Zhejiang Fenglong Electric Co., Ltd.

SZSE:002931 Stock Report

Market Cap: CN¥1.8b

Zhejiang Fenglong Electric Dividend

Dividend criteria checks 1/6

Zhejiang Fenglong Electric is a dividend paying company with a current yield of 2.21%.

Key information

2.2%

Dividend yield

-124%

Payout ratio

Industry average yield1.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Earnings per share-CN¥0.081
Dividend yield forecastn/a

Recent dividend updates

Recent updates

Zhejiang Fenglong Electric Co., Ltd.'s (SZSE:002931) 25% Share Price Plunge Could Signal Some Risk

Jun 06
Zhejiang Fenglong Electric Co., Ltd.'s (SZSE:002931) 25% Share Price Plunge Could Signal Some Risk

Some Confidence Is Lacking In Zhejiang Fenglong Electric Co., Ltd. (SZSE:002931) As Shares Slide 27%

Apr 17
Some Confidence Is Lacking In Zhejiang Fenglong Electric Co., Ltd. (SZSE:002931) As Shares Slide 27%

Zhejiang Fenglong Electric Co., Ltd.'s (SZSE:002931) 27% Price Boost Is Out Of Tune With Revenues

Feb 27
Zhejiang Fenglong Electric Co., Ltd.'s (SZSE:002931) 27% Price Boost Is Out Of Tune With Revenues

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002931 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002931's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Zhejiang Fenglong Electric Dividend Yield vs Market
How does 002931 dividend yield compare to the market?
SegmentDividend Yield
Company (002931)2.2%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Machinery)1.8%
Analyst forecast (002931) (up to 3 years)n/a

Notable Dividend: 002931's dividend (2.21%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).

High Dividend: 002931's dividend (2.21%) is low compared to the top 25% of dividend payers in the CN market (2.54%).


Earnings Payout to Shareholders

Earnings Coverage: 002931 is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: 002931 is paying a dividend but the company has no free cash flows.


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