Wanxiang QianchaoLtd Dividend
Dividend criteria checks 5/6
Wanxiang QianchaoLtd is a dividend paying company with a current yield of 3.36% that is well covered by earnings.
Key information
3.4%
Dividend yield
59%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.150 |
Earnings per share | CN¥0.25 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000559's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000559's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Wanxiang QianchaoLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (000559) | 3.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Auto Components) | 2.0% |
Analyst forecast in 3 Years (000559) | n/a |
Notable Dividend: 000559's dividend (3.36%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 000559's dividend (3.36%) is in the top 25% of dividend payers in the CN market (2.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.1%), 000559's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79.3%), 000559's dividend payments are covered by cash flows.