Shenzhen Zhaowei Machinery & Electronics Dividend
Dividend criteria checks 2/6
Shenzhen Zhaowei Machinery & Electronics is a dividend paying company with a current yield of 0.87% that is well covered by earnings.
Key information
0.9%
Dividend yield
47%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.393 |
| Earnings per share | CN¥0.84 |
| Dividend yield forecast | 0.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003021 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003021 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen Zhaowei Machinery & Electronics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (003021) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (003021) (up to 3 years) | 0.4% |
Notable Dividend: 003021's dividend (0.87%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 003021's dividend (0.87%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.7%), 003021's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 003021 is paying a dividend but the company has no free cash flows.