Shenzhen Zhaowei Machinery & Electronics Dividend
Dividend criteria checks 2/6
Shenzhen Zhaowei Machinery & Electronics is a dividend paying company with a current yield of 0.83% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 21st May, 2024.
Key information
0.8%
Dividend yield
46%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | 21 May 24 |
| Ex dividend date | 21 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥1.21 |
| Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
Recent updates
Shenzhen Zhaowei Machinery & Electronics Co., Ltd. (SZSE:003021) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless
Apr 16
Impressive Earnings May Not Tell The Whole Story For Shenzhen Zhaowei Machinery & Electronics (SZSE:003021)
Apr 08Shenzhen Zhaowei Machinery & Electronics Co., Ltd.'s (SZSE:003021) Shareholders Might Be Looking For Exit
Feb 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003021 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003021 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen Zhaowei Machinery & Electronics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3021) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast in 3 Years (3021) | 0.8% |
Notable Dividend: 003021's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 003021's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (2.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46%), 003021's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 003021 is paying a dividend but the company has no free cash flows.