Shanghai Weihong Electronic Technology Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Weihong Electronic Technology is a dividend paying company with a current yield of 0.29% that is well covered by earnings.
Key information
0.3%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 13.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300508 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300508 has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Shanghai Weihong Electronic Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300508) | 0.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300508) (up to 3 years) | n/a |
Notable Dividend: 300508's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300508's dividend (0.29%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.1%), 300508's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.2%), 300508's dividend payments are thoroughly covered by cash flows.