Zhejiang Yonggui Electric Equipment Dividend
Dividend criteria checks 2/6
Zhejiang Yonggui Electric Equipment is a dividend paying company with a current yield of 0.74% that is well covered by earnings.
Key information
0.7%
Dividend yield
37%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.100 |
Earnings per share | CN¥0.27 |
Dividend yield forecast | 0.5% |
Recent dividend updates
No updates
Recent updates
Zhejiang Yonggui Electric Equipment Co., Ltd.'s (SZSE:300351) P/E Is On The Mark
Aug 09Zhejiang Yonggui Electric Equipment's (SZSE:300351) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 15Zhejiang 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) | 0.8% |
Market Top 25% (CN) | 2.8% |
Industry Average (Electrical) | 1.9% |
Analyst forecast (300351) (up to 3 years) | 0.5% |
Notable Dividend: 300351's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 300351's dividend (0.74%) is low compared to the top 25% of dividend payers in the CN market (2.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), 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.