Wolong Electric GroupLtd Dividends and Buybacks
Dividend criteria checks 3/6
Wolong Electric GroupLtd is a dividend paying company with a current yield of 0.73% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.5% |
| Dividend Growth | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Wolong Electric Group Co.,Ltd. (SHSE:600580) Held Back By Insufficient Growth Even After Shares Climb 27%
Nov 08
Wolong Electric GroupLtd's (SHSE:600580) Soft Earnings Are Actually Better Than They Appear
Nov 06Is There Now An Opportunity In Wolong Electric Group Co.,Ltd. (SHSE:600580)?
Oct 26Wolong Electric GroupLtd (SHSE:600580) Is Reinvesting At Lower Rates Of Return
Oct 10We Think Wolong Electric GroupLtd (SHSE:600580) Is Taking Some Risk With Its Debt
Sep 25Earnings Tell The Story For Wolong Electric Group Co.,Ltd. (SHSE:600580)
Jul 29Wolong Electric GroupLtd (SHSE:600580) Has Announced That Its Dividend Will Be Reduced To CN¥0.10
Jul 12Wolong Electric GroupLtd (SHSE:600580) Has A Somewhat Strained Balance Sheet
May 23Investors Can Find Comfort In Wolong Electric GroupLtd's (SHSE:600580) Earnings Quality
May 06Wolong Electric GroupLtd (SHSE:600580) Has More To Do To Multiply In Value Going Forward
Apr 06Even With A 25% Surge, Cautious Investors Are Not Rewarding Wolong Electric Group Co.,Ltd.'s (SHSE:600580) Performance Completely
Mar 15Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600580's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600580's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Wolong Electric GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600580) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (600580) (up to 3 years) | 1.5% |
Notable Dividend: 600580's dividend (0.73%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600580's dividend (0.73%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.2%), 600580's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66%), 600580's dividend payments are covered by cash flows.