Weihai Honglin Electronic Dividends and Buybacks
Dividend criteria checks 3/6
Weihai Honglin Electronic is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301439's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301439's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Weihai Honglin Electronic Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301439) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301439) (up to 3 years) | n/a |
Notable Dividend: 301439's dividend (2.24%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301439's dividend (2.24%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.9%), 301439's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301439 is paying a dividend but the company has no free cash flows.