Shenzhen Mingdiao DecorationLtd Dividend
Dividend criteria checks 2/6
Shenzhen Mingdiao DecorationLtd is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
80%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.36 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002830 has been paying a dividend for less than 10 years.
Growing Dividend: 002830 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Shenzhen Mingdiao DecorationLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2830) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Consumer Services) | 1.8% |
Analyst forecast in 3 Years (2830) | n/a |
Notable Dividend: 002830's dividend (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002830's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (2.39%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.2%), 002830's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (224.5%), 002830's dividend payments are not well covered by cash flows.