Wuxi Best Precision Machinery Dividends and Buybacks
Dividend criteria checks 3/6
Wuxi Best Precision Machinery is a dividend paying company with a current yield of 0.65% that is well covered by earnings.
Key information
0.6%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | -0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.136 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Wuxi Best Precision Machinery Co., Ltd.'s (SZSE:300580) 26% Jump Shows Its Popularity With Investors
Nov 20
Even With A 35% Surge, Cautious Investors Are Not Rewarding Wuxi Best Precision Machinery Co., Ltd.'s (SZSE:300580) Performance Completely
Oct 02Wuxi Best Precision Machinery Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Aug 11Little Excitement Around Wuxi Best Precision Machinery Co., Ltd.'s (SZSE:300580) Earnings
Jul 23Wuxi Best Precision Machinery's (SZSE:300580) Returns Have Hit A Wall
Jul 01Some Wuxi Best Precision Machinery Co., Ltd. (SZSE:300580) Shareholders Look For Exit As Shares Take 27% Pounding
Apr 16Some Confidence Is Lacking In Wuxi Best Precision Machinery Co., Ltd.'s (SZSE:300580) P/E
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300580 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300580's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Wuxi Best Precision Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300580) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (300580) (up to 3 years) | 1.1% |
Notable Dividend: 300580's dividend (0.65%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300580's dividend (0.65%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.9%), 300580's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.8%), 300580's dividend payments are well covered by cash flows.