Shandong Weigao Orthopaedic Device Dividends and Buybacks
Dividend criteria checks 2/6
Shandong Weigao Orthopaedic Device is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 0.9% |
| Dividend Growth | -35.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.140 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688161 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688161 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Shandong Weigao Orthopaedic Device Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688161) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (688161) (up to 3 years) | 0.9% |
Notable Dividend: 688161's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688161's dividend (0.49%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.1%), 688161's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.3%), 688161's dividend payments are well covered by cash flows.