Hangzhou Weiguang ElectronicLtd Dividends and Buybacks
Dividend criteria checks 3/6
Hangzhou Weiguang ElectronicLtd is a dividend paying company with a current yield of 1.27% that is well covered by earnings.
Key information
1.3%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | 8.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
There May Be Some Bright Spots In Hangzhou Weiguang ElectronicLtd's (SZSE:002801) Earnings
Nov 04
Hangzhou Weiguang Electronic Co.,Ltd.'s (SZSE:002801) Popularity With Investors Is Clear
Sep 29Investors Can Find Comfort In Hangzhou Weiguang ElectronicLtd's (SZSE:002801) Earnings Quality
May 06Hangzhou Weiguang Electronic Co.,Ltd. (SZSE:002801) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002801 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002801's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Hangzhou Weiguang ElectronicLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002801) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002801) (up to 3 years) | 1.3% |
Notable Dividend: 002801's dividend (1.27%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002801's dividend (1.27%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51%), 002801's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.5%), 002801's dividend payments are well covered by cash flows.