Hefei Meyer Optoelectronic Technology Dividends and Buybacks
Dividend criteria checks 5/6
Hefei Meyer Optoelectronic Technology is a dividend paying company with a current yield of 4.75%.
Key information
4.7%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 15.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.700 |
| Payout ratio | 98% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002690's dividends per share have been stable in the past 10 years.
Growing Dividend: 002690's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hefei Meyer Optoelectronic Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002690) | 4.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002690) (up to 3 years) | 5.4% |
Notable Dividend: 002690's dividend (4.75%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002690's dividend (4.75%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.6%), 002690's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.5%), 002690's dividend payments are covered by cash flows.