Beijing Worldia Diamond ToolsLtd Dividend
Dividend criteria checks 2/6
Beijing Worldia Diamond ToolsLtd is a dividend paying company with a current yield of 1.31% that is well covered by earnings.
Key information
1.3%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | -1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.240 |
| Payout ratio | 35% |
Recent dividend updates
No updates
Recent updates
Investors Continue Waiting On Sidelines For Beijing Worldia Diamond Tools Co.,Ltd. (SHSE:688028)
Sep 30
The Market Doesn't Like What It Sees From Beijing Worldia Diamond Tools Co.,Ltd.'s (SHSE:688028) Earnings Yet
Jun 07Earnings Release: Here's Why Analysts Cut Their Beijing Worldia Diamond Tools Co.,Ltd. (SHSE:688028) Price Target To CN¥22.00
Apr 23Even With A 35% Surge, Cautious Investors Are Not Rewarding Beijing Worldia Diamond Tools Co.,Ltd.'s (SHSE:688028) Performance Completely
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688028 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688028 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Beijing Worldia Diamond ToolsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688028) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (688028) (up to 3 years) | 2.3% |
Notable Dividend: 688028's dividend (1.31%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 688028's dividend (1.31%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), 688028's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688028 is paying a dividend but the company has no free cash flows.