Shinva Medical InstrumentLtd Dividend
Dividend criteria checks 4/6
Shinva Medical InstrumentLtd is a dividend paying company with a current yield of 2.14% that is well covered by earnings.
Key information
2.1%
Dividend yield
35%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.43 |
| Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600587's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600587's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shinva Medical InstrumentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600587) | 2.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.5% |
| Analyst forecast in 3 Years (600587) | 1.9% |
Notable Dividend: 600587's dividend (2.14%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600587's dividend (2.14%) is low compared to the top 25% of dividend payers in the CN market (2.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35%), 600587's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.1%), 600587's dividend payments are covered by cash flows.