Zhejiang Jingsheng Mechanical & Electrical Dividend
Dividend criteria checks 4/6
Zhejiang Jingsheng Mechanical & Electrical is a dividend paying company with a current yield of 2.38% that is well covered by earnings.
Key information
2.4%
Dividend yield
19%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.700 |
| Earnings per share | CN¥3.63 |
| Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
Is There An Opportunity With Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) 44% Undervaluation?
Jul 21
These 4 Measures Indicate That Zhejiang Jingsheng Mechanical & Electrical (SZSE:300316) Is Using Debt Reasonably Well
Jul 05There Is A Reason Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) Price Is Undemanding
Jun 05Zhejiang Jingsheng Mechanical & Electrical (SZSE:300316) Has Announced That It Will Be Increasing Its Dividend To CN¥0.70
May 21Zhejiang Jingsheng Mechanical & Electrical's (SZSE:300316) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 21CN¥40.58: That's What Analysts Think Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (SZSE:300316) Is Worth After Its Latest Results
Apr 17Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (SZSE:300316) Shares Could Be 38% Below Their Intrinsic Value Estimate
Mar 27Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.'s (SZSE:300316) Prospects Need A Boost To Lift Shares
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300316's dividends per share have been stable in the past 10 years.
Growing Dividend: 300316's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Jingsheng Mechanical & Electrical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300316) | 2.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Semiconductor) | 1.1% |
| Analyst forecast in 3 Years (300316) | 1.4% |
Notable Dividend: 300316's dividend (2.38%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300316's dividend (2.38%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.3%), 300316's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (307.5%), 300316's dividend payments are not well covered by cash flows.