Zhejiang Prulde Electric Appliance Dividend
Dividend criteria checks 3/6
Zhejiang Prulde Electric Appliance is a dividend paying company with a current yield of 1.4% that is well covered by earnings.
Key information
1.4%
Dividend yield
32%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Earnings per share | CN¥0.95 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301353's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301353's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Zhejiang Prulde Electric Appliance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301353) | 1.4% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Consumer Durables) | 4.0% |
| Analyst forecast (301353) (up to 3 years) | n/a |
Notable Dividend: 301353's dividend (1.4%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 301353's dividend (1.4%) is low compared to the top 25% of dividend payers in the CN market (2.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.4%), 301353's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.5%), 301353's dividend payments are thoroughly covered by cash flows.