Well Lead Medical Dividends and Buybacks
Dividend criteria checks 3/6
Well Lead Medical is a dividend paying company with a current yield of 3.79% that is well covered by earnings.
Key information
3.8%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 21.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 68% |
Recent dividend and buyback updates
No 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) | 3.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (603309) (up to 3 years) | 5.2% |
Notable Dividend: 603309's dividend (3.79%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603309's dividend (3.79%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.5%), 603309's dividend 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.