Western Regions Tourism DevelopmentLtd Dividend
Dividend criteria checks 3/6
Western Regions Tourism DevelopmentLtd is a dividend paying company with a current yield of 1.01% that is well covered by earnings.
Key information
1.0%
Dividend yield
43%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.69 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300859 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300859's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Western Regions Tourism DevelopmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300859) | 1.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Hospitality) | 1.8% |
| Analyst forecast in 3 Years (300859) | n/a |
Notable Dividend: 300859's dividend (1.01%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 300859's dividend (1.01%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.8%), 300859's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51%), 300859's dividend payments are covered by cash flows.