Hubei W-olf Photoelectric Technology Dividend
Dividend criteria checks 3/6
Hubei W-olf Photoelectric Technology is a dividend paying company with a current yield of 1.35% that is well covered by earnings.
Key information
1.3%
Dividend yield
85%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.24 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002962 has been paying a dividend for less than 10 years.
Growing Dividend: 002962's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Hubei W-olf Photoelectric Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2962) | 1.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Trade Distributors) | 3.4% |
Analyst forecast in 3 Years (2962) | n/a |
Notable Dividend: 002962's dividend (1.35%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002962's dividend (1.35%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85%), 002962's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.2%), 002962's dividend payments are covered by cash flows.