Meter Instruments Dividend
Dividend criteria checks 3/6
Meter Instruments is a dividend paying company with a current yield of 2.68% that is well covered by earnings.
Key information
2.7%
Dividend yield
48%
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¥0.56 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301006 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301006 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Meter Instruments Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301006) | 2.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (301006) | n/a |
Notable Dividend: 301006's dividend (2.68%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301006's dividend (2.68%) is in the top 25% of dividend payers in the CN market (2.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.1%), 301006's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301006 is paying a dividend but the company has no free cash flows.