Wuxi Paike New Materials Technology Co.,Ltd.

SHSE:605123 Stock Report

Market Cap: CN¥7.0b

Wuxi Paike New Materials TechnologyLtd Dividend

Dividend criteria checks 3/6

Wuxi Paike New Materials TechnologyLtd is a dividend paying company with a current yield of 1.9% that is well covered by earnings.

Key information

1.9%

Dividend yield

61%

Payout ratio

Industry average yield2.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥1.040
Earnings per shareCN¥2.96
Dividend yield forecast2.7%

Recent dividend updates

No updates

Recent updates

Investors Holding Back On Wuxi Paike New Materials Technology Co.,Ltd. (SHSE:605123)

Jul 31
Investors Holding Back On Wuxi Paike New Materials Technology Co.,Ltd. (SHSE:605123)

These 4 Measures Indicate That Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Is Using Debt Reasonably Well

May 27
These 4 Measures Indicate That Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Is Using Debt Reasonably Well

There May Be Reason For Hope In Wuxi Paike New Materials TechnologyLtd's (SHSE:605123) Disappointing Earnings

May 06
There May Be Reason For Hope In Wuxi Paike New Materials TechnologyLtd's (SHSE:605123) Disappointing Earnings

Wuxi Paike New Materials Technology Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

May 03
Wuxi Paike New Materials Technology Co.,Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Capital Allocation Trends At Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Aren't Ideal

Mar 25
Capital Allocation Trends At Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Aren't Ideal

Wuxi Paike New Materials Technology Co.,Ltd.'s (SHSE:605123) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Mar 05
Wuxi Paike New Materials Technology Co.,Ltd.'s (SHSE:605123) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Is Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Using Too Much Debt?

Feb 27
Is Wuxi Paike New Materials TechnologyLtd (SHSE:605123) Using Too Much Debt?

Stability 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's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Wuxi Paike New Materials TechnologyLtd Dividend Yield vs Market
How does 605123 dividend yield compare to the market?
SegmentDividend Yield
Company (605123)1.9%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Metals and Mining)2.3%
Analyst forecast (605123) (up to 3 years)2.7%

Notable Dividend: 605123's dividend (1.9%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).

High Dividend: 605123's dividend (1.9%) is low compared to the top 25% of dividend payers in the CN market (2.26%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60.7%), 605123's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (60.4%), 605123's dividend payments are covered by cash flows.


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