Mingchen HealthLtd Dividends and Buybacks
Dividend criteria checks 2/6
Mingchen HealthLtd is a dividend paying company with a current yield of 0.84%.
Key information
0.8%
Dividend yield
-0.08%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.125 |
| Payout ratio | 2,606% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002919 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002919's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Mingchen HealthLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002919) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Personal Products) | 2.8% |
| Analyst forecast (002919) (up to 3 years) | n/a |
Notable Dividend: 002919's dividend (0.84%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002919's dividend (0.84%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (2605.8%), 002919's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.1%), 002919's dividend payments are well covered by cash flows.