Shandong Weida Machinery Dividends and Buybacks
Dividend criteria checks 4/6
Shandong Weida Machinery is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.008%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 6.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 30% |
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) | 1.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (002026) (up to 3 years) | 1.1% |
Notable Dividend: 002026's dividend (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002026's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), 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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shandong Weida Machinery Co., Ltd. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Zhenhao Chen | China International Capital Corporation Limited |
| Min Ji | Citic Securities Co., Ltd. |
| Haishan Wang | Everbright Securities Co. Ltd. |