Universal Scientific Industrial (Shanghai) Co., Ltd.

SHSE:601231 Stock Report

Market Cap: CN¥29.3b

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 yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.270
Earnings per shareCN¥0.90
Dividend yield forecast4.2%

Recent dividend updates

Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Dividend Is Being Reduced To CN¥0.27

Jun 02
Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Dividend Is Being Reduced To CN¥0.27

Recent updates

Universal Scientific Industrial (Shanghai) Co., Ltd. (SHSE:601231) Looks Inexpensive But Perhaps Not Attractive Enough

Aug 19
Universal Scientific Industrial (Shanghai) Co., Ltd. (SHSE:601231) Looks Inexpensive But Perhaps Not Attractive Enough

Results: Universal Scientific Industrial (Shanghai) Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates

Jul 28
Results: Universal Scientific Industrial (Shanghai) Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates

Does Universal Scientific Industrial (Shanghai) (SHSE:601231) Have A Healthy Balance Sheet?

Jul 16
Does Universal Scientific Industrial (Shanghai) (SHSE:601231) Have A Healthy Balance Sheet?

Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Dividend Is Being Reduced To CN¥0.27

Jun 02
Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Dividend Is Being Reduced To CN¥0.27

Returns On Capital Signal Tricky Times Ahead For Universal Scientific Industrial (Shanghai) (SHSE:601231)

May 21
Returns On Capital Signal Tricky Times Ahead For Universal Scientific Industrial (Shanghai) (SHSE:601231)

Some Investors May Be Willing To Look Past Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Soft Earnings

Apr 08
Some Investors May Be Willing To Look Past Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Soft Earnings

Earnings Miss: Universal Scientific Industrial (Shanghai) Co., Ltd. Missed EPS By 7.3% And Analysts Are Revising Their Forecasts

Apr 04
Earnings Miss: Universal Scientific Industrial (Shanghai) Co., Ltd. Missed EPS By 7.3% And Analysts Are Revising Their Forecasts

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)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.


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