Suzhou Hengmingda Electronic Technology Dividend
Dividend criteria checks 3/6
Suzhou Hengmingda Electronic Technology is a dividend paying company with a current yield of 1.58% that is well covered by earnings.
Key information
1.6%
Dividend yield
37%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.35 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Investors Continue Waiting On Sidelines For Suzhou Hengmingda Electronic Technology Co., Ltd. (SZSE:002947)
Jun 26Suzhou Hengmingda Electronic Technology's (SZSE:002947) Promising Earnings May Rest On Soft Foundations
Apr 08Does Suzhou Hengmingda Electronic Technology (SZSE:002947) Deserve A Spot On Your Watchlist?
Mar 26Why Investors Shouldn't Be Surprised By Suzhou Hengmingda Electronic Technology Co., Ltd.'s (SZSE:002947) Low P/E
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002947 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002947's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Suzhou Hengmingda Electronic Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2947) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (2947) | n/a |
Notable Dividend: 002947's dividend (1.58%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 002947's dividend (1.58%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.7%), 002947's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84%), 002947's dividend payments are covered by cash flows.