Suzhou Alton Electrical & Mechanical Industry Co., Ltd.

SZSE:301187 Stock Report

Market Cap: CN¥4.2b

Suzhou Alton Electrical & Mechanical Industry Dividend

Dividend criteria checks 3/6

Suzhou Alton Electrical & Mechanical Industry is a dividend paying company with a current yield of 3.58% that is well covered by earnings.

Key information

3.6%

Dividend yield

72%

Payout ratio

Industry average yield3.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥1.10
Dividend yield forecast in 3Y5.2%

Recent dividend updates

Recent updates

Improved Earnings Required Before Suzhou Alton Electrical & Mechanical Industry Co., Ltd. (SZSE:301187) Shares Find Their Feet

May 24
Improved Earnings Required Before Suzhou Alton Electrical & Mechanical Industry Co., Ltd. (SZSE:301187) Shares Find Their Feet

Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Strong Profits May Be Masking Some Underlying Issues

Apr 25
Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Strong Profits May Be Masking Some Underlying Issues

Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Will Want To Turn Around Its Return Trends

Feb 28
Suzhou Alton Electrical & Mechanical Industry (SZSE:301187) Will Want To Turn Around Its Return Trends

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 301187 has been paying a dividend for less than 10 years.

Growing Dividend: 301187's dividend payments have increased, but the company has only paid a dividend for 2 years.


Dividend Yield vs Market

Suzhou Alton Electrical & Mechanical Industry Dividend Yield vs Market
How does 301187 dividend yield compare to the market?
SegmentDividend Yield
Company (301187)3.6%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Consumer Durables)3.6%
Analyst forecast in 3 Years (301187)5.2%

Notable Dividend: 301187's dividend (3.58%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).

High Dividend: 301187's dividend (3.58%) is in the top 25% of dividend payers in the CN market (2.41%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (71.9%), 301187's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (6915.4%), 301187's dividend payments are not well covered by cash flows.


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