Shanghai Taisheng Wind Power Equipment Dividend
Dividend criteria checks 3/6
Shanghai Taisheng Wind Power Equipment is a dividend paying company with a current yield of 0.67% that is well covered by earnings.
Key information
0.7%
Dividend yield
18%
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¥0.27 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300129's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300129's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shanghai Taisheng Wind Power Equipment Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (300129) | 0.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Electrical) | 1.7% |
Analyst forecast in 3 Years (300129) | 2.3% |
Notable Dividend: 300129's dividend (0.67%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300129's dividend (0.67%) is low compared to the top 25% of dividend payers in the CN market (2.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.2%), 300129's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300129 is paying a dividend but the company has no free cash flows.