Cowealth Medical China Co.,Ltd.

SHSE:603122 Stock Report

Market Cap: CN¥3.2b

Cowealth Medical ChinaLtd Dividend

Dividend criteria checks 2/6

Cowealth Medical ChinaLtd is a dividend paying company with a current yield of 0.77% that is well covered by earnings.

Key information

0.8%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield0.8%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.060
Payout ratio76%

Recent dividend updates

No updates

Recent updates

Cowealth Medical China Co.,Ltd.'s (SHSE:603122) Shareholders Might Be Looking For Exit

Jul 23
Cowealth Medical China Co.,Ltd.'s (SHSE:603122) Shareholders Might Be Looking For Exit

Cowealth Medical ChinaLtd (SHSE:603122) Could Be Struggling To Allocate Capital

Mar 18
Cowealth Medical ChinaLtd (SHSE:603122) Could Be Struggling To Allocate Capital

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603122 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603122 has only been paying a dividend for 3 years, and since then payments have fallen.


Dividend Yield vs Market

Cowealth Medical ChinaLtd Dividend Yield vs Market
How does 603122 dividend yield compare to the market?
SegmentDividend Yield
Company (603122)0.8%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Healthcare)1.7%
Analyst forecast (603122) (up to 3 years)n/a

Notable Dividend: 603122's dividend (0.77%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 603122's dividend (0.77%) is low compared to the top 25% of dividend payers in the CN market (2.13%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (76.3%), 603122's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603122 is paying a dividend but the company has no free cash flows.


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