China MeiDong Auto Holdings Dividend
Dividend criteria checks 3/6
China MeiDong Auto Holdings is a dividend paying company with a current yield of 2.22% that is well covered by earnings.
Key information
2.2%
Dividend yield
40%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | HK$0.0417 |
Earnings per share | HK$0.10 |
Dividend yield forecast in 3Y | 11.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1268's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1268's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China MeiDong Auto Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1268) | 2.2% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.2% |
Industry Average (Specialty Retail) | 6.1% |
Analyst forecast in 3 Years (1268) | 11.1% |
Notable Dividend: 1268's dividend (2.22%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.41%).
High Dividend: 1268's dividend (2.22%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.9%), 1268's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12%), 1268's dividend payments are thoroughly covered by cash flows.