Zhejiang Meida Industrial Dividend
Dividend criteria checks 4/6
Zhejiang Meida Industrial is a dividend paying company with a current yield of 10.55%.
Key information
10.5%
Dividend yield
110%
Payout ratio
Industry average yield | 4.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.750 |
Earnings per share | CN¥0.68 |
Dividend yield forecast in 3Y | 8.4% |
Recent dividend updates
Recent updates
Here'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 |
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Segment | Dividend Yield |
---|---|
Company (002677) | 10.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Consumer Durables) | 4.1% |
Analyst forecast in 3 Years (002677) | 8.4% |
Notable Dividend: 002677's dividend (10.55%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002677's dividend (10.55%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.3%), 002677's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (101.9%), 002677's dividend payments are not well covered by cash flows.