MeiG Smart Technology Dividend
Dividend criteria checks 1/6
MeiG Smart Technology is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
52%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Earnings per share | CN¥0.20 |
| Dividend yield forecast | 1.0% |
Recent dividend updates
Recent updates
MeiG Smart Technology (SZSE:002881) Takes On Some Risk With Its Use Of Debt
Sep 03
MeiG Smart Technology Co., Ltd's (SZSE:002881) Low P/S No Reason For Excitement
Aug 16Returns On Capital At MeiG Smart Technology (SZSE:002881) Paint A Concerning Picture
Jun 10MeiG Smart Technology (SZSE:002881) Has Affirmed Its Dividend Of CN¥0.10
May 23Analysts Just Shaved Their MeiG Smart Technology Co., Ltd (SZSE:002881) Forecasts Dramatically
May 03MeiG Smart Technology Co., Ltd (SZSE:002881) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
Apr 17Is MeiG Smart Technology (SZSE:002881) A Risky Investment?
Mar 25MeiG Smart Technology Co., Ltd (SZSE:002881) Not Flying Under The Radar
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002881 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002881's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| MeiG Smart Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002881) | 0.5% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Communications) | 1.5% |
| Analyst forecast (002881) (up to 3 years) | 1.0% |
Notable Dividend: 002881's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 002881's dividend (0.49%) is low compared to the top 25% of dividend payers in the CN market (2.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), 002881's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002881 is paying a dividend but the company has no free cash flows.