Bear Electric Appliance Co.,Ltd.

SZSE:002959 Stock Report

Market Cap: CN¥9.1b

Bear Electric ApplianceLtd Dividend

Dividend criteria checks 3/6

Bear Electric ApplianceLtd is a dividend paying company with a current yield of 2.05% that is well covered by earnings.

Key information

2.1%

Dividend yield

44%

Payout ratio

Industry average yield3.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥2.78
Dividend yield forecast in 3Y3.1%

Recent dividend updates

Recent updates

There Are Some Reasons To Suggest That Bear Electric ApplianceLtd's (SZSE:002959) Earnings Are A Poor Reflection Of Profitability

Apr 15
There Are Some Reasons To Suggest That Bear Electric ApplianceLtd's (SZSE:002959) Earnings Are A Poor Reflection Of Profitability

Bear Electric Appliance Co.,Ltd. (SZSE:002959) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Apr 10
Bear Electric Appliance Co.,Ltd. (SZSE:002959) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Lacklustre Performance Is Driving Bear Electric Appliance Co.,Ltd.'s (SZSE:002959) Low P/E

Feb 27
Lacklustre Performance Is Driving Bear Electric Appliance Co.,Ltd.'s (SZSE:002959) Low P/E

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002959 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002959's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

Bear Electric ApplianceLtd Dividend Yield vs Market
How does 2959 dividend yield compare to the market?
SegmentDividend Yield
Company (2959)2.1%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Consumer Durables)3.5%
Analyst forecast in 3 Years (2959)3.1%

Notable Dividend: 002959's dividend (2.05%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 002959's dividend (2.05%) is low compared to the top 25% of dividend payers in the CN market (2.35%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.6%), 002959's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (74.2%), 002959's dividend payments are covered by cash flows.


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