Universal Scientific Industrial (Shanghai) Dividend
Dividend criteria checks 4/6
Universal Scientific Industrial (Shanghai) is a dividend paying company with a current yield of 2.01% that is well covered by earnings.
Key information
2.0%
Dividend yield
30%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.270 |
Earnings per share | CN¥0.90 |
Dividend yield forecast | 4.2% |
Recent dividend updates
Recent updates
Universal Scientific Industrial (Shanghai) Co., Ltd. (SHSE:601231) Looks Inexpensive But Perhaps Not Attractive Enough
Aug 19Results: Universal Scientific Industrial (Shanghai) Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 28Does Universal Scientific Industrial (Shanghai) (SHSE:601231) Have A Healthy Balance Sheet?
Jul 16Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Dividend Is Being Reduced To CN¥0.27
Jun 02Returns On Capital Signal Tricky Times Ahead For Universal Scientific Industrial (Shanghai) (SHSE:601231)
May 21Some Investors May Be Willing To Look Past Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Soft Earnings
Apr 08Earnings Miss: Universal Scientific Industrial (Shanghai) Co., Ltd. Missed EPS By 7.3% And Analysts Are Revising Their Forecasts
Apr 04Universal Scientific Industrial (Shanghai) Co., Ltd. (SHSE:601231) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Mar 04Stability 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 |
---|
Segment | Dividend Yield |
---|---|
Company (601231) | 2.0% |
Market Bottom 25% (CN) | 0.8% |
Market Top 25% (CN) | 2.8% |
Industry Average (Electronic) | 1.7% |
Analyst forecast (601231) (up to 3 years) | 4.2% |
Notable Dividend: 601231's dividend (2.01%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 601231's dividend (2.01%) is low compared to the top 25% of dividend payers in the CN market (2.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30%), 601231's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.1%), 601231's dividend payments are well covered by cash flows.