Shanghai Taisheng Wind Power Equipment Dividend
Dividend criteria checks 2/6
Shanghai Taisheng Wind Power Equipment is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
18%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.050 |
Earnings per share | CN¥0.27 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Shanghai Taisheng Wind Power Equipment (SZSE:300129) Is Paying Out A Dividend Of CN¥0.05
Jul 12Returns On Capital Are Showing Encouraging Signs At Shanghai Taisheng Wind Power Equipment (SZSE:300129)
Jun 26Shanghai Taisheng Wind Power Equipment Co., Ltd. (SZSE:300129) Doing What It Can To Lift Shares
May 31Shanghai Taisheng Wind Power Equipment's (SZSE:300129) Problems Go Beyond Weak Profit
May 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300129's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300129's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shanghai Taisheng Wind Power Equipment Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (300129) | 0.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 1.9% |
Analyst forecast in 3 Years (300129) | 2.4% |
Notable Dividend: 300129's dividend (0.69%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300129's dividend (0.69%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.2%), 300129's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300129 is paying a dividend but the company has no free cash flows.