Wuxi Chemical Equipment Dividend
Dividend criteria checks 3/6
Wuxi Chemical Equipment is a dividend paying company with a current yield of 1.59% that is well covered by earnings.
Key information
1.6%
Dividend yield
57%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Earnings per share | CN¥1.75 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 001332 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 001332 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Wuxi Chemical Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001332) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (001332) (up to 3 years) | n/a |
Notable Dividend: 001332's dividend (1.59%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 001332's dividend (1.59%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.1%), 001332's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.3%), 001332's dividend payments are well covered by cash flows.