Yinchuan Weili Transmission Technology Dividends and Buybacks
Dividend criteria checks 1/6
Yinchuan Weili Transmission Technology is a dividend paying company with a current yield of 1.65%.
Key information
1.7%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.120 |
| Payout ratio | 126% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 300904's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 300904's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Yinchuan Weili Transmission Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300904) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300904) (up to 3 years) | n/a |
Notable Dividend: 300904's dividend (1.65%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300904's dividend (1.65%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125.9%), 300904's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300904 is paying a dividend but the company has no free cash flows.