Zhongshan Broad-Ocean Motor Dividends and Buybacks
Dividend criteria checks 5/6
Zhongshan Broad-Ocean Motor is a dividend paying company with a current yield of 3.47% that is well covered by earnings.
Key information
3.5%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 9.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.190 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002249's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002249's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhongshan Broad-Ocean Motor Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002249) | 3.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002249) (up to 3 years) | 3.5% |
Notable Dividend: 002249's dividend (3.47%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002249's dividend (3.47%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.5%), 002249's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), 002249's dividend payments are well covered by cash flows.