WPG (Shanghai) Smart Water PublicLtd Dividend
Dividend criteria checks 1/6
WPG (Shanghai) Smart Water PublicLtd is a dividend paying company with a current yield of 1.79%.
Key information
1.8%
Dividend yield
152%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.061 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603956 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603956 has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
WPG (Shanghai) Smart Water PublicLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603956) | 1.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603956) | 1.8% |
Notable Dividend: 603956's dividend (1.79%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 603956's dividend (1.79%) is low compared to the top 25% of dividend payers in the CN market (2.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (152.2%), 603956's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603956 is paying a dividend but the company has no free cash flows.