Zhejiang Meida Industrial Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Meida Industrial is a dividend paying company with a current yield of 10.59%.
Key information
10.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 16.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.750 |
| Payout ratio | 227% |
Recent dividend and buyback updates
Recent updates
Why Zhejiang Meida Industrial's (SZSE:002677) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 04
There's No Escaping Zhejiang Meida Industrial Co., Ltd.'s (SZSE:002677) Muted Earnings
Oct 14Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Shares Could Be 48% Below Their Intrinsic Value Estimate
Sep 26The Consensus EPS Estimates For Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Just Fell Dramatically
Sep 08Here's What's Concerning About Zhejiang Meida Industrial's (SZSE:002677) Returns On Capital
Jul 16Zhejiang Meida Industrial's (SZSE:002677) Dividend Will Be Increased To CN¥0.75
May 23Zhejiang Meida Industrial's (SZSE:002677) Profits Appear To Have Quality Issues
Apr 25Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Analysts Are More Bearish Than They Used To Be
Apr 23Capital Investment Trends At Zhejiang Meida Industrial (SZSE:002677) Look Strong
Apr 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002677's dividends per share have been stable in the past 10 years.
Growing Dividend: 002677's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Meida Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002677) | 10.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Consumer Durables) | 3.5% |
| Analyst forecast (002677) (up to 3 years) | 5.2% |
Notable Dividend: 002677's dividend (10.59%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002677's dividend (10.59%) is in the top 25% of dividend payers in the CN market (2.19%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (227.2%), 002677's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (371.4%), 002677's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 17:36 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Meida Industrial Co., Ltd. is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hongwei Huang | Chasing Securities |
| Wei He | China International Capital Corporation Limited |
| Dongfei Chen | China Merchants Securities Co. Ltd. |