Wencan Group Dividends and Buybacks
Dividend criteria checks 2/6
Wencan Group is a dividend paying company with a current yield of 1.15% that is well covered by earnings.
Key information
1.2%
Dividend yield
-12.9%
Buyback Yield
| Total Shareholder Yield | -11.7% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 15.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 43% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603348 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603348 has only been paying a dividend for 6 years, and since then payments have not increased.
Dividend Yield vs Market
| Wencan Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603348) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (603348) (up to 3 years) | 1.2% |
Notable Dividend: 603348's dividend (1.15%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603348's dividend (1.15%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.5%), 603348's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603348 is paying a dividend but the company has no free cash flows.