Mingyue Optical LensLtd Dividends and Buybacks
Dividend criteria checks 3/6
Mingyue Optical LensLtd is a dividend paying company with a current yield of 0.83% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Optimistic Investors Push Mingyue Optical Lens Co.,Ltd. (SZSE:301101) Shares Up 39% But Growth Is Lacking
Nov 27
Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) 39% Share Price Surge Not Quite Adding Up
Nov 27Concerns Surrounding Mingyue Optical LensLtd's (SZSE:301101) Performance
Nov 01Mingyue Optical LensLtd (SZSE:301101) May Have Issues Allocating Its Capital
Sep 30Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Shares Climb 36% But Its Business Is Yet to Catch Up
Aug 26Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Earnings Are Not Doing Enough For Some Investors
Jun 21Mingyue Optical LensLtd's (SZSE:301101) Dividend Will Be CN¥0.30
May 24We Think You Should Be Aware Of Some Concerning Factors In Mingyue Optical LensLtd's (SZSE:301101) Earnings
May 01Mingyue Optical LensLtd (SZSE:301101) Will Want To Turn Around Its Return Trends
Apr 12Mingyue Optical Lens Co.,Ltd.'s (SZSE:301101) Popularity With Investors Is Under Threat From Overpricing
Mar 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301101 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301101 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Mingyue Optical LensLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301101) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Medical Equipment) | 1.9% |
| Analyst forecast (301101) (up to 3 years) | 1.1% |
Notable Dividend: 301101's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.59%).
High Dividend: 301101's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.1%), 301101's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.9%), 301101's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 12:22 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mingyue Optical Lens Co.,Ltd. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bairu Chen | China Galaxy Securities Co., Ltd. |
| Junhao Fan | China International Capital Corporation Limited |
| Zhuonan Xu | China International Capital Corporation Limited |