MeiHua Holdings Group Co.,Ltd

SHSE:600873 Stock Report

Market Cap: CN¥30.6b

MeiHua Holdings GroupLtd Dividends and Buybacks

Dividend criteria checks 5/6

MeiHua Holdings GroupLtd is a dividend paying company with a current yield of 3.98% that is well covered by earnings. Last payment was on 22nd November, 2024 with an ex-dividend date of 22nd November, 2024.

Key information

4.0%

Dividend yield

2.9%

Buyback Yield

Total Shareholder Yield6.9%
Future Dividend Yield4.2%
Dividend Growth4.2%
Next dividend pay date22 Nov 24
Ex dividend date22 Nov 24
Dividend per shareCN¥0.420
Payout ratio41%

Recent dividend and buyback updates

Recent updates

Investors Will Want MeiHua Holdings GroupLtd's (SHSE:600873) Growth In ROCE To Persist

Nov 08
Investors Will Want MeiHua Holdings GroupLtd's (SHSE:600873) Growth In ROCE To Persist

An Intrinsic Calculation For MeiHua Holdings Group Co.,Ltd (SHSE:600873) Suggests It's 49% Undervalued

Oct 09
An Intrinsic Calculation For MeiHua Holdings Group Co.,Ltd (SHSE:600873) Suggests It's 49% Undervalued

These 4 Measures Indicate That MeiHua Holdings GroupLtd (SHSE:600873) Is Using Debt Reasonably Well

Sep 06
These 4 Measures Indicate That MeiHua Holdings GroupLtd (SHSE:600873) Is Using Debt Reasonably Well

MeiHua Holdings GroupLtd (SHSE:600873) Is Very Good At Capital Allocation

Jul 12
MeiHua Holdings GroupLtd (SHSE:600873) Is Very Good At Capital Allocation

Insufficient Growth At MeiHua Holdings Group Co.,Ltd (SHSE:600873) Hampers Share Price

May 02
Insufficient Growth At MeiHua Holdings Group Co.,Ltd (SHSE:600873) Hampers Share Price

Weak Statutory Earnings May Not Tell The Whole Story For MeiHua Holdings GroupLtd (SHSE:600873)

Apr 15
Weak Statutory Earnings May Not Tell The Whole Story For MeiHua Holdings GroupLtd (SHSE:600873)

MeiHua Holdings GroupLtd (SHSE:600873) Has A Pretty Healthy Balance Sheet

Apr 07
MeiHua Holdings GroupLtd (SHSE:600873) Has A Pretty Healthy Balance Sheet

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600873's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600873's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

MeiHua Holdings GroupLtd Dividend Yield vs Market
How does 600873 dividend yield compare to the market?
SegmentDividend Yield
Company (600873)4.0%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.7%
Analyst forecast (600873) (up to 3 years)4.2%

Notable Dividend: 600873's dividend (3.98%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 600873's dividend (3.98%) is in the top 25% of dividend payers in the CN market (2.08%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (40.8%), 600873's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (44.7%), 600873's dividend payments are well covered by cash flows.


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