Zhejiang Yonggui Electric Equipment Dividend
Dividend criteria checks 2/6
Zhejiang Yonggui Electric Equipment is a dividend paying company with a current yield of 0.67% that is well covered by earnings.
Key information
0.7%
Dividend yield
37%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.27 |
| Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
No updates
Recent updates
Zhejiang Yonggui Electric Equipment's (SZSE:300351) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 15
Zhejiang Yonggui Electric Equipment (SZSE:300351) May Have Issues Allocating Its Capital
Mar 26Zhejiang Yonggui Electric Equipment Co., Ltd.'s (SZSE:300351) 30% Jump Shows Its Popularity With Investors
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300351's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300351's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Yonggui Electric Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300351) | 0.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Electrical) | 2.0% |
| Analyst forecast in 3 Years (300351) | 0.5% |
Notable Dividend: 300351's dividend (0.67%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 300351's dividend (0.67%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.9%), 300351's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300351 is paying a dividend but the company has no free cash flows.