Suzhou Veichi Electric Dividend
Dividend criteria checks 2/6
Suzhou Veichi Electric is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
27%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.280 |
Earnings per share | CN¥0.95 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688698 has been paying a dividend for less than 10 years.
Growing Dividend: 688698's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Suzhou Veichi Electric Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688698) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (688698) | 1.6% |
Notable Dividend: 688698's dividend (1.19%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 688698's dividend (1.19%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.9%), 688698's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688698 is paying a dividend but the company has no free cash flows.