Zhejiang Ming Jewelry Dividend
Dividend criteria checks 3/6
Zhejiang Ming Jewelry is a dividend paying company with a current yield of 2.02% that is well covered by earnings.
Key information
2.0%
Dividend yield
48%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.100 |
Earnings per share | CN¥0.20 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002574's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002574's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zhejiang Ming Jewelry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002574) | 2.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Luxury) | 3.0% |
Analyst forecast (002574) (up to 3 years) | n/a |
Notable Dividend: 002574's dividend (2.02%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002574's dividend (2.02%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48%), 002574's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002574 is paying a dividend but the company has no free cash flows.