Suzhou Veichi Electric Dividends and Buybacks
Dividend criteria checks 2/6
Suzhou Veichi Electric is a dividend paying company with a current yield of 0.86% that is well covered by earnings.
Key information
0.9%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 9.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.284 |
| Payout ratio | 36% |
Recent dividend and buyback 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 4 years.
Dividend Yield vs Market
| Suzhou Veichi Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688698) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (688698) (up to 3 years) | 1.1% |
Notable Dividend: 688698's dividend (0.86%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688698's dividend (0.86%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.2%), 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.