Yeal Electric Dividend
Dividend criteria checks 2/6
Yeal Electric is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
70%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Earnings per share | CN¥0.64 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300923 has been paying a dividend for less than 10 years.
Growing Dividend: 300923's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Yeal Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300923) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (300923) (up to 3 years) | n/a |
Notable Dividend: 300923's dividend (1.98%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 300923's dividend (1.98%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70%), 300923's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300923 is paying a dividend but the company has no free cash flows.