Zhejiang Biyi Electric Appliance Dividend
Dividend criteria checks 3/6
Zhejiang Biyi Electric Appliance is a dividend paying company with a current yield of 3.06% that is well covered by earnings.
Key information
3.1%
Dividend yield
40%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.88 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603215 has been paying a dividend for less than 10 years.
Growing Dividend: 603215's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Zhejiang Biyi Electric Appliance Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603215) | 3.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Consumer Durables) | 3.5% |
Analyst forecast in 3 Years (603215) | 2.6% |
Notable Dividend: 603215's dividend (3.06%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603215's dividend (3.06%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.3%), 603215's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (336.9%), 603215's dividend payments are not well covered by cash flows.