Beijing Worldia Diamond ToolsLtd Dividend
Dividend criteria checks 2/6
Beijing Worldia Diamond ToolsLtd is a dividend paying company with a current yield of 1.27% that is well covered by earnings.
Key information
1.3%
Dividend yield
31%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.73 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
No updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (688028) | 1.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (688028) | 2.3% |
Notable Dividend: 688028's dividend (1.27%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688028's dividend (1.27%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.3%), 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.