Zhejiang Meishuo Electric TechnologyLtd Dividend
Dividend criteria checks 1/6
Zhejiang Meishuo Electric TechnologyLtd is a dividend paying company with a current yield of 1.55%.
Key information
1.6%
Dividend yield
110%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.357 |
| Earnings per share | CN¥0.32 |
| Future Dividend Yield | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301295's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301295's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Zhejiang Meishuo Electric TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301295) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301295) (up to 3 years) | n/a |
Notable Dividend: 301295's dividend (1.55%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 301295's dividend (1.55%) is low compared to the top 25% of dividend payers in the CN market (2.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.4%), 301295's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301295 is paying a dividend but the company has no free cash flows.