Atlantic China Welding Consumables Dividend
Dividend criteria checks 4/6
Atlantic China Welding Consumables is a dividend paying company with a current yield of 1.65% that is well covered by earnings.
Key information
1.6%
Dividend yield
47%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.055 |
| Earnings per share | CN¥0.12 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600558's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600558's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Atlantic China Welding Consumables Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600558) | 1.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Machinery) | 2.0% |
| Analyst forecast in 3 Years (600558) | n/a |
Notable Dividend: 600558's dividend (1.65%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 600558's dividend (1.65%) is low compared to the top 25% of dividend payers in the CN market (2.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.1%), 600558's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.4%), 600558's dividend payments are well covered by cash flows.