MeiHua Holdings GroupLtd Dividends and Buybacks
Dividend criteria checks 5/6
MeiHua Holdings GroupLtd is a dividend paying company with a current yield of 3.34% that is well covered by earnings.
Key information
3.3%
Dividend yield
3.0%
Buyback Yield
| Total Shareholder Yield | 6.3% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.352 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600873) | 3.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (600873) (up to 3 years) | 4.2% |
Notable Dividend: 600873's dividend (3.34%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600873's dividend (3.34%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58%), 600873's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.5%), 600873's dividend payments are well covered by cash flows.