Shanghai Mechanical & Electrical IndustryLtd Dividend
Dividend criteria checks 5/6
Shanghai Mechanical & Electrical IndustryLtd is a dividend paying company with a current yield of 4% that is well covered by earnings.
Key information
4.0%
Dividend yield
46%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.96 |
Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600835's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600835's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shanghai Mechanical & Electrical IndustryLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600835) | 4.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (600835) | 4.0% |
Notable Dividend: 600835's dividend (4%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600835's dividend (4%) is in the top 25% of dividend payers in the CN market (2.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), 600835's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.1%), 600835's dividend payments are well covered by cash flows.