Wuxi Acryl Technology Dividend
Dividend criteria checks 2/6
Wuxi Acryl Technology is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
71%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.42 |
| Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603722 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603722 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Wuxi Acryl Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603722) | 0.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (603722) | 0.5% |
Notable Dividend: 603722's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603722's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.1%), 603722's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (204%), 603722's dividend payments are not well covered by cash flows.