Wuxi Chemical Equipment Dividends and Buybacks
Dividend criteria checks 3/6
Wuxi Chemical Equipment is a dividend paying company with a current yield of 2.83% that is well covered by earnings.
Key information
2.7%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -16.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Payout ratio | 44% |
Recent dividend and buyback 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) | 2.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (001332) (up to 3 years) | n/a |
Notable Dividend: 001332's dividend (2.83%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 001332's dividend (2.83%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.1%), 001332's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (116.1%), 001332's dividend payments are not well covered by cash flows.