Wecome Intelligent Manufacturing Dividends and Buybacks
Dividend criteria checks 3/6
Wecome Intelligent Manufacturing is a dividend paying company with a current yield of 1.24% that is well covered by earnings.
Key information
1.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 60% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603070 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603070 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Wecome Intelligent Manufacturing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603070) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (603070) (up to 3 years) | n/a |
Notable Dividend: 603070's dividend (1.24%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603070's dividend (1.24%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.4%), 603070's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.8%), 603070's dividend payments are covered by cash flows.