Shanghai Zhezhong GroupLtd Dividend
Dividend criteria checks 2/6
Shanghai Zhezhong GroupLtd is a dividend paying company with a current yield of 2.26%.
Key information
2.3%
Dividend yield
-112%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | -CN¥0.18 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002346 has been paying a dividend for less than 10 years.
Growing Dividend: 002346's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shanghai Zhezhong GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002346) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002346) (up to 3 years) | n/a |
Notable Dividend: 002346's dividend (2.26%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002346's dividend (2.26%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: 002346 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 002346 is paying a dividend but the company has no free cash flows.