Western Regions Tourism DevelopmentLtd Dividend
Dividend criteria checks 3/6
Western Regions Tourism DevelopmentLtd is a dividend paying company with a current yield of 1.21% that is well covered by earnings.
Key information
1.2%
Dividend yield
43%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.300 |
Earnings per share | CN¥0.69 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Calculating The Intrinsic Value Of Western Regions Tourism Development Co.,Ltd (SZSE:300859)
Jul 12Returns On Capital At Western Regions Tourism DevelopmentLtd (SZSE:300859) Have Stalled
May 22A Look At The Intrinsic Value Of Western Regions Tourism Development Co.,Ltd (SZSE:300859)
Apr 03Western Regions Tourism Development Co.,Ltd (SZSE:300859) Investors Are Less Pessimistic Than Expected
Mar 12Stability 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) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Hospitality) | 1.9% |
Analyst forecast in 3 Years (300859) | n/a |
Notable Dividend: 300859's dividend (1.21%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300859's dividend (1.21%) is low compared to the top 25% of dividend payers in the CN market (2.65%).
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.