Wuxi Paike New Materials TechnologyLtd Dividend
Dividend criteria checks 2/6
Wuxi Paike New Materials TechnologyLtd is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
11%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥3.48 |
| Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
No updates
Recent updates
Capital Allocation Trends At Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Aren't Ideal
Mar 25
Wuxi Paike New Materials Technology Co.,Ltd.'s (SHSE:605123) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Mar 05Is Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Using Too Much Debt?
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605123 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605123 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Wuxi Paike New Materials TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605123) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast in 3 Years (605123) | 1.1% |
Notable Dividend: 605123's dividend (0.8%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605123's dividend (0.8%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.2%), 605123's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605123 is paying a dividend but the company has no free cash flows.