Bear Electric ApplianceLtd Dividends and Buybacks
Dividend criteria checks 3/6
Bear Electric ApplianceLtd is a dividend paying company with a current yield of 2.84% that is well covered by earnings.
Key information
2.8%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 20.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.200 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
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 5 years.
Dividend Yield vs Market
| Bear Electric ApplianceLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002959) | 2.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Consumer Durables) | 3.6% |
| Analyst forecast (002959) (up to 3 years) | 3.6% |
Notable Dividend: 002959's dividend (2.84%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002959's dividend (2.84%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.7%), 002959's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002959 is paying a dividend but the company has no free cash flows.