Zhejiang Meida Industrial Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Meida Industrial is a dividend paying company with a current yield of 9.24%.
Key information
9.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 16.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.750 |
| Payout ratio | 227% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002677) | 9.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Consumer Durables) | 3.6% |
| Analyst forecast (002677) (up to 3 years) | 4.6% |
Notable Dividend: 002677's dividend (9.24%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002677's dividend (9.24%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (227.2%), 002677's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (371.4%), 002677's dividend payments are not well covered by cash flows.