Wuxi Best Precision Machinery Dividend
Dividend criteria checks 3/6
Wuxi Best Precision Machinery is a dividend paying company with a current yield of 0.99% that is well covered by earnings.
Key information
1.0%
Dividend yield
24%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.136 |
Earnings per share | CN¥0.56 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Little 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) | 1.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Auto Components) | 2.0% |
Analyst forecast in 3 Years (300580) | 1.7% |
Notable Dividend: 300580's dividend (0.99%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300580's dividend (0.99%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.3%), 300580's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.5%), 300580's dividend payments are well covered by cash flows.