Suzhou West Deane New Power ElectricLtd Dividends and Buybacks
Dividend criteria checks 2/6
Suzhou West Deane New Power ElectricLtd is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
-21.1%
Buyback Yield
| Total Shareholder Yield | -19.1% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.650 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603312's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603312's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Suzhou West Deane New Power ElectricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603312) | 2.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (603312) (up to 3 years) | 3.1% |
Notable Dividend: 603312's dividend (1.98%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603312's dividend (1.98%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.2%), 603312's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (141%), 603312's dividend payments are not well covered by cash flows.