Zhejiang Meida Industrial Dividend
Dividend criteria checks 4/6
Zhejiang Meida Industrial is a dividend paying company with a current yield of 7.74%.
Key information
7.7%
Dividend yield
110%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.68 |
Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
Recent updates
Stability 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 (2677) | 7.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Consumer Durables) | 3.5% |
Analyst forecast in 3 Years (2677) | 6.7% |
Notable Dividend: 002677's dividend (7.74%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 002677's dividend (7.74%) is in the top 25% of dividend payers in the CN market (2.4%)
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.