Shanghai MicroPort Endovascular MedTech Dividend
Dividend criteria checks 3/6
Shanghai MicroPort Endovascular MedTech is a dividend paying company with a current yield of 1.61% that is well covered by earnings.
Key information
1.6%
Dividend yield
41%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥6.67 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
No updates
Recent updates
These 4 Measures Indicate That Shanghai MicroPort Endovascular MedTech (SHSE:688016) Is Using Debt Safely
Apr 29
Shanghai MicroPort Endovascular MedTech's (SHSE:688016) Earnings Are Weaker Than They Seem
Apr 09Shanghai MicroPort Endovascular MedTech Co., Ltd.'s (SHSE:688016) Business Is Trailing The Market But Its Shares Aren't
Mar 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688016 has been paying a dividend for less than 10 years.
Growing Dividend: 688016's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Shanghai MicroPort Endovascular MedTech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688016) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast in 3 Years (688016) | 3.3% |
Notable Dividend: 688016's dividend (1.61%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688016's dividend (1.61%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.7%), 688016's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.2%), 688016's dividend payments are covered by cash flows.