Shenzhen Mingdiao DecorationLtd Dividends and Buybacks
Dividend criteria checks 2/6
Shenzhen Mingdiao DecorationLtd is a dividend paying company with a current yield of 1.85% that is well covered by earnings.
Key information
1.8%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 13.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.240 |
| Payout ratio | 80% |
Recent dividend and buyback 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's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shenzhen Mingdiao DecorationLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002830) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Consumer Services) | 1.6% |
| Analyst forecast (002830) (up to 3 years) | n/a |
Notable Dividend: 002830's dividend (1.85%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002830's dividend (1.85%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.6%), 002830's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (136.5%), 002830's dividend payments are not well covered by cash flows.