Zhongshan Broad-Ocean Motor Dividend
Dividend criteria checks 5/6
Zhongshan Broad-Ocean Motor is a dividend paying company with a current yield of 5.06% that is well covered by earnings.
Key information
5.1%
Dividend yield
66%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.260 |
| Earnings per share | CN¥0.29 |
| Dividend yield forecast | 5.1% |
Recent dividend 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) | 5.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast (002249) (up to 3 years) | 5.1% |
Notable Dividend: 002249's dividend (5.06%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002249's dividend (5.06%) is in the top 25% of dividend payers in the CN market (2.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.8%), 002249's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.8%), 002249's dividend payments are well covered by cash flows.