Guangdong Transtek Medical Electronics Co., Ltd

SZSE:300562 Stock Report

Market Cap: CN¥2.0b

Guangdong Transtek Medical Electronics Dividend

Dividend criteria checks 3/6

Guangdong Transtek Medical Electronics is a dividend paying company with a current yield of 1.59% that is well covered by earnings.

Key information

1.6%

Dividend yield

55%

Payout ratio

Industry average yield1.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.28
Dividend yield forecast in 3Y0.6%

Recent dividend updates

Recent updates

Estimating The Fair Value Of Guangdong Transtek Medical Electronics Co., Ltd (SZSE:300562)

Apr 23
Estimating The Fair Value Of Guangdong Transtek Medical Electronics Co., Ltd (SZSE:300562)

Guangdong Transtek Medical Electronics' (SZSE:300562) Shareholders May Want To Dig Deeper Than Statutory Profit

Apr 01
Guangdong Transtek Medical Electronics' (SZSE:300562) Shareholders May Want To Dig Deeper Than Statutory Profit

The Market Lifts Guangdong Transtek Medical Electronics Co., Ltd (SZSE:300562) Shares 36% But It Can Do More

Mar 08
The Market Lifts Guangdong Transtek Medical Electronics Co., Ltd (SZSE:300562) Shares 36% But It Can Do More

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 300562 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 300562's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Guangdong Transtek Medical Electronics Dividend Yield vs Market
How does 300562 dividend yield compare to the market?
SegmentDividend Yield
Company (300562)1.6%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Medical Equipment)1.6%
Analyst forecast in 3 Years (300562)0.6%

Notable Dividend: 300562's dividend (1.59%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).

High Dividend: 300562's dividend (1.59%) is low compared to the top 25% of dividend payers in the CN market (2.35%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (55.3%), 300562's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (55.7%), 300562's dividend payments are covered by cash flows.


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