Wolong Electric GroupLtd Dividend
Dividend criteria checks 3/6
Wolong Electric GroupLtd is a dividend paying company with a current yield of 0.82% that is well covered by earnings.
Key information
0.8%
Dividend yield
26%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.100 |
Earnings per share | CN¥0.38 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Earnings 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 |
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Segment | Dividend Yield |
---|---|
Company (600580) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (600580) | 1.7% |
Notable Dividend: 600580's dividend (0.82%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600580's dividend (0.82%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.3%), 600580's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.4%), 600580's dividend payments are covered by cash flows.