Bear Electric ApplianceLtd is a dividend paying company with a current yield of 1.91% that is well covered by earnings. Next payment date is on 30th May, 2024 with an ex-dividend date of 30th May, 2024.
Key information
1.9%
Dividend yield
44%
Payout ratio
Industry average yield
3.4%
Next dividend pay date
30 May 24
Ex dividend date
30 May 24
Dividend per share
n/a
Earnings per share
CN¥2.78
Dividend yield forecast in 3Y
3.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002959 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002959's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Bear Electric ApplianceLtd Dividend Yield vs Market
How does 2959 dividend yield compare to the market?
Segment
Dividend Yield
Company (2959)
1.9%
Market Bottom 25% (CN)
0.6%
Market Top 25% (CN)
2.3%
Industry Average (Consumer Durables)
3.4%
Analyst forecast in 3 Years (2959)
3.0%
Notable Dividend: 002959's dividend (1.91%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002959's dividend (1.91%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.6%), 002959's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.2%), 002959's dividend payments are covered by cash flows.