Shanghai Liangxin ElectricalLTD Dividend
Dividend criteria checks 5/6
Shanghai Liangxin ElectricalLTD is a dividend paying company with a current yield of 3.26% that is well covered by earnings.
Key information
3.3%
Dividend yield
53%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.46 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002706's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002706's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shanghai Liangxin ElectricalLTD Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2706) | 3.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Electrical) | 1.7% |
Analyst forecast in 3 Years (2706) | 4.9% |
Notable Dividend: 002706's dividend (3.26%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002706's dividend (3.26%) is in the top 25% of dividend payers in the CN market (2.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 002706's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.6%), 002706's dividend payments are covered by cash flows.