Shandong Weida Machinery Dividends and Buybacks
Dividend criteria checks 4/6
Shandong Weida Machinery is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
-0.008%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 7.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Investors Shouldn't Be Too Comfortable With Shandong Weida Machinery's (SZSE:002026) Earnings
Nov 04
Shandong Weida Machinery Co., Ltd.'s (SZSE:002026) Business And Shares Still Trailing The Market
Oct 16A Look At The Fair Value Of Shandong Weida Machinery Co., Ltd. (SZSE:002026)
Oct 01Shandong Weida Machinery (SZSE:002026) Is Increasing Its Dividend To CN¥0.12
Jun 16Shandong Weida Machinery Co., Ltd. (SZSE:002026) Held Back By Insufficient Growth Even After Shares Climb 26%
May 22At CN¥8.06, Is It Time To Put Shandong Weida Machinery Co., Ltd. (SZSE:002026) On Your Watch List?
Apr 24Shandong Weida Machinery's (SZSE:002026) Problems Go Beyond Weak Profit
Apr 01Shandong Weida Machinery Co., Ltd.'s (SZSE:002026) Shares Climb 28% But Its Business Is Yet to Catch Up
Mar 08Capital Allocation Trends At Shandong Weida Machinery (SZSE:002026) Aren't Ideal
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002026's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002026's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Weida Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002026) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (002026) (up to 3 years) | 1.2% |
Notable Dividend: 002026's dividend (1.19%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002026's dividend (1.19%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.3%), 002026's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.8%), 002026's dividend payments are well covered by cash flows.