Well Lead Medical Dividend
Dividend criteria checks 3/6
Well Lead Medical is a dividend paying company with a current yield of 4.07% that is well covered by earnings.
Key information
4.1%
Dividend yield
77%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.65 |
Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603309 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603309's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Well Lead Medical Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603309) | 4.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Medical Equipment) | 1.6% |
Analyst forecast in 3 Years (603309) | 3.1% |
Notable Dividend: 603309's dividend (4.07%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603309's dividend (4.07%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.9%), 603309's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603309 is paying a dividend but the company has no free cash flows.