Wuxi Longsheng TechnologyLtd is a dividend paying company with a current yield of 1.02% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 20th June, 2024.
Key information
1.0%
Dividend yield
29%
Payout ratio
Industry average yield
1.8%
Next dividend pay date
20 Jun 24
Ex dividend date
20 Jun 24
Dividend per share
n/a
Earnings per share
CN¥0.70
Dividend yield forecast in 3Y
2.1%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300680 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300680's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Wuxi Longsheng TechnologyLtd Dividend Yield vs Market
How does 300680 dividend yield compare to the market?
Segment
Dividend Yield
Company (300680)
1.0%
Market Bottom 25% (CN)
0.7%
Market Top 25% (CN)
2.4%
Industry Average (Auto Components)
1.8%
Analyst forecast in 3 Years (300680)
2.1%
Notable Dividend: 300680's dividend (1.02%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 300680's dividend (1.02%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.9%), 300680's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300680 is paying a dividend but the company has no free cash flows.