Mingyue Optical LensLtd Dividend
Dividend criteria checks 3/6
Mingyue Optical LensLtd is a dividend paying company with a current yield of 1.1% that is well covered by earnings.
Key information
1.1%
Dividend yield
37%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.82 |
| Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Mingyue Optical LensLtd's (SZSE:301101) Earnings
May 01
Mingyue 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 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Mingyue Optical LensLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301101) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Medical Equipment) | 1.6% |
| Analyst forecast in 3 Years (301101) | 2.0% |
Notable Dividend: 301101's dividend (1.1%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301101's dividend (1.1%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.7%), 301101's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51%), 301101's dividend payments are covered by cash flows.