Shenzhen Everbest Machinery Industry Dividend
Dividend criteria checks 2/6
Shenzhen Everbest Machinery Industry is a dividend paying company with a current yield of 1.96% that is well covered by earnings.
Key information
2.0%
Dividend yield
69%
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¥0.70 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002980 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002980 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
Shenzhen Everbest Machinery Industry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2980) | 2.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (2980) | 2.0% |
Notable Dividend: 002980's dividend (1.96%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002980's dividend (1.96%) is low compared to the top 25% of dividend payers in the CN market (2.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69%), 002980's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 002980's cash payout ratio to determine if its dividend payments are covered by cash flows.