Shanghai Kelai Mechatronics EngineeringLtd Dividend
Dividend criteria checks 0/6
Shanghai Kelai Mechatronics EngineeringLtd is a dividend paying company with a current yield of 0.32%. Next payment date is on 26th September, 2024 with an ex-dividend date of 26th September, 2024.
Key information
0.3%
Dividend yield
41%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 26 Sep 24 |
| Ex dividend date | 26 Sep 24 |
| Dividend per share | CN¥0.056 |
| Earnings per share | CN¥0.34 |
| Dividend yield forecast | 0.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603960 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.
Growing Dividend: 603960 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Shanghai Kelai Mechatronics EngineeringLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603960) | 0.3% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Machinery) | 2.0% |
| Analyst forecast (603960) (up to 3 years) | 0.3% |
Notable Dividend: 603960's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 603960's dividend (0.32%) is low compared to the top 25% of dividend payers in the CN market (2.68%).
Earnings Payout to Shareholders
Earnings Coverage: 603960 is not paying a notable dividend for the CN market.
Cash Payout to Shareholders
Cash Flow Coverage: 603960 is not paying a notable dividend for the CN market.