Zhejiang Jiemei Electronic And Technology Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Jiemei Electronic And Technology is a dividend paying company with a current yield of 0.94% that is well covered by earnings.
Key information
0.9%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Market Still Lacking Some Conviction On Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859)
Nov 17
Zhejiang Jiemei Electronic And Technology (SZSE:002859) Has A Pretty Healthy Balance Sheet
Sep 08Zhejiang Jiemei Electronic And Technology (SZSE:002859) Is Reinvesting At Lower Rates Of Return
Aug 08The Price Is Right For Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859)
Jun 17Investors Could Be Concerned With Zhejiang Jiemei Electronic And Technology's (SZSE:002859) Returns On Capital
May 07Is Zhejiang Jiemei Electronic And Technology Co., Ltd. (SZSE:002859) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002859 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002859 has only been paying a dividend for 7 years, and since then payments have not increased.
Dividend Yield vs Market
| Zhejiang Jiemei Electronic And Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002859) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Packaging) | 2.2% |
| Analyst forecast (002859) (up to 3 years) | 1.6% |
Notable Dividend: 002859's dividend (0.94%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002859's dividend (0.94%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), 002859's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002859 is paying a dividend but the company has no free cash flows.