Hangzhou Wensli Silk Culture Dividends and Buybacks
Dividend criteria checks 2/6
Hangzhou Wensli Silk Culture is a dividend paying company with a current yield of 0.58% that is well covered by earnings.
Key information
0.6%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 31.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Hangzhou Wensli Silk Culture (SZSE:301066) Is Posting Healthy Earnings, But It Is Not All Good News
Nov 08
Optimistic Investors Push Hangzhou Wensli Silk Culture Co., Ltd. (SZSE:301066) Shares Up 28% But Growth Is Lacking
Oct 24Hangzhou Wensli Silk Culture's (SZSE:301066) Performance Is Even Better Than Its Earnings Suggest
May 02Be Wary Of Hangzhou Wensli Silk Culture (SZSE:301066) And Its Returns On Capital
Apr 27Unpleasant Surprises Could Be In Store For Hangzhou Wensli Silk Culture Co., Ltd.'s (SZSE:301066) Shares
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301066 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301066 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Hangzhou Wensli Silk Culture Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301066) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Luxury) | 3.1% |
| Analyst forecast (301066) (up to 3 years) | n/a |
Notable Dividend: 301066's dividend (0.58%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301066's dividend (0.58%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), 301066's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301066 is paying a dividend but the company has no free cash flows.