Universal Scientific Industrial (Shanghai) Co., Ltd.

SHSE:601231 Stock Report

Market Cap: CN¥29.5b

Universal Scientific Industrial (Shanghai) Dividend

Dividend criteria checks 5/6

Universal Scientific Industrial (Shanghai) is a dividend paying company with a current yield of 3.13% that is well covered by earnings.

Key information

3.1%

Dividend yield

41%

Payout ratio

Industry average yield1.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.89
Dividend yield forecast in 3Y3.2%

Recent dividend updates

Recent updates

Universal Scientific Industrial (Shanghai) Co., Ltd. (SHSE:601231) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Mar 04
Universal Scientific Industrial (Shanghai) Co., Ltd. (SHSE:601231) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 601231's dividend payments have been volatile in the past 10 years.

Growing Dividend: 601231's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Universal Scientific Industrial (Shanghai) Dividend Yield vs Market
How does 601231 dividend yield compare to the market?
SegmentDividend Yield
Company (601231)3.1%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Electronic)1.5%
Analyst forecast in 3 Years (601231)3.2%

Notable Dividend: 601231's dividend (3.13%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).

High Dividend: 601231's dividend (3.13%) is in the top 25% of dividend payers in the CN market (2.37%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.3%), 601231's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (19.5%), 601231's dividend payments are well covered by cash flows.


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