Qingdao Weflo Valve Dividend
Dividend criteria checks 4/6
Qingdao Weflo Valve is a dividend paying company with a current yield of 3.53% that is well covered by earnings.
Key information
3.5%
Dividend yield
62%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Earnings per share | CN¥0.49 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002871 has been paying a dividend for less than 10 years.
Growing Dividend: 002871's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Qingdao Weflo Valve Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002871) | 3.5% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Machinery) | 2.0% |
| Analyst forecast (002871) (up to 3 years) | n/a |
Notable Dividend: 002871's dividend (3.53%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 002871's dividend (3.53%) is in the top 25% of dividend payers in the CN market (2.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.7%), 002871's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.7%), 002871's dividend payments are covered by cash flows.