Huaming Power EquipmentLtd Dividend
Dividend criteria checks 3/6
Huaming Power EquipmentLtd is a dividend paying company with a current yield of 4.93% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 30th September, 2024.
Key information
4.9%
Dividend yield
86%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 30 Sep 24 |
| Ex dividend date | 30 Sep 24 |
| Dividend per share | CN¥0.820 |
| Earnings per share | CN¥0.64 |
| Dividend yield forecast | 5.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002270 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002270's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Huaming Power EquipmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002270) | 4.9% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast (002270) (up to 3 years) | 5.1% |
Notable Dividend: 002270's dividend (4.93%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002270's dividend (4.93%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.8%), 002270's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (128.6%), 002270's dividend payments are not well covered by cash flows.