08-31-2023
| HKD/share | |
| Price | 5.91 |
| Dividend | 0.21 |
| Earnings | 0.56 |
| Cash-flow | 0.92 |
| Book value | 3.69 |
| Equity | 3.57 |
China MeiDong Auto H is part of General Retailers business, which is part of Consumer Services industry. China MeiDong Auto H is a company from China, and his stocks are publicly traded.
China MeiDong Auto H stock dividend
China MeiDong Auto H paid a total dividend of 283 million HKD last year, for a market value of 7,955 millions (Market Cap 2,781 millions). China MeiDong Auto H dividend per share is 0.21 HKD, and his stock market price 5.91 HKD.
According to the chart below, where dividend yield is displayed, China MeiDong Auto H has a dividend yield of 3.60%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare China MeiDong Auto H stocks dividend with other General Retailers companies or other of the best China dividend stocks list.
China MeiDong Auto H Dividend Payout
About the ability of China MeiDong Auto H to maintain his current dividend of HKD 0.21 per share, an amount that accounts for 3.60%, we should study its payout ratio both on earnings and on cash-flows (see chart below). China MeiDong Auto H payout on ernings is currently 37.50%, which is lower than the market average, but higher than companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that China MeiDong Auto H is in a good position to keep maintaining his dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of China MeiDong Auto H is HKD 0.92 per share, which is higher than the dividend per share paid by the company of HKD 0.21, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of China MeiDong Auto H, compared againt world market average, China companies, Consumer Services industry and General Retailers sector companies.
China MeiDong Auto H Dividend History
Below you will find a table with the historical evolution of China MeiDong Auto H's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
| Year | Yield | HKD | Paypout | Shares* |
| Present | 3.60% | 0.21 | 37.50% | 1,346 |
| 2022 | 5.47% | 0.88 | 77.88% | 1,270 |
*In millions
China MeiDong Auto H Stock performance
Finally, last moth China MeiDong Auto H showed a return of -30.60% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a -63.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and General Retailers firms.
