Zhejiang Wandekai Fluid Equipment Technology Dividend
Dividend criteria checks 2/6
Zhejiang Wandekai Fluid Equipment Technology is a dividend paying company with a current yield of 1.25% that is well covered by earnings.
Key information
1.2%
Dividend yield
23%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.30 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301309's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301309's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Zhejiang Wandekai Fluid Equipment Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301309) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Building) | 3.2% |
Analyst forecast in 3 Years (301309) | n/a |
Notable Dividend: 301309's dividend (1.25%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301309's dividend (1.25%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.1%), 301309's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301309 is paying a dividend but the company has no free cash flows.