Weihai Baihe Biology Technological is a dividend paying company with a current yield of 2.21% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
2.2%
Dividend yield
30%
Payout ratio
Industry average yield
2.4%
Next dividend pay date
03 Jun 24
Ex dividend date
03 Jun 24
Dividend per share
n/a
Earnings per share
CN¥2.53
Dividend yield forecast in 3Y
n/a
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603102 has been paying a dividend for less than 10 years.
Growing Dividend: 603102's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Weihai Baihe Biology Technological Dividend Yield vs Market
How does 603102 dividend yield compare to the market?
Segment
Dividend Yield
Company (603102)
2.2%
Market Bottom 25% (CN)
0.6%
Market Top 25% (CN)
2.3%
Industry Average (Personal Products)
2.4%
Analyst forecast in 3 Years (603102)
n/a
Notable Dividend: 603102's dividend (2.21%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603102's dividend (2.21%) is low compared to the top 25% of dividend payers in the CN market (2.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.2%), 603102's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.1%), 603102's dividend payments are well covered by cash flows.