Western Metal Materials Co., Ltd.

SZSE:002149 Stock Report

Market Cap: CN¥7.7b

Western Metal Materials Dividends and Buybacks

Dividend criteria checks 3/6

Western Metal Materials is a dividend paying company with a current yield of 1.26% that is well covered by earnings.

Key information

1.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield1.3%
Dividend Growth12.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Payout ratio67%

Recent dividend and buyback updates

Western Metal Materials' (SZSE:002149) Dividend Is Being Reduced To CN¥0.15

Jun 19
Western Metal Materials' (SZSE:002149) Dividend Is Being Reduced To CN¥0.15

Recent updates

Western Metal Materials' (SZSE:002149) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 06
Western Metal Materials' (SZSE:002149) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Western Metal Materials (SZSE:002149) Has More To Do To Multiply In Value Going Forward

Sep 30
Western Metal Materials (SZSE:002149) Has More To Do To Multiply In Value Going Forward

We Think Western Metal Materials (SZSE:002149) Can Stay On Top Of Its Debt

Aug 13
We Think Western Metal Materials (SZSE:002149) Can Stay On Top Of Its Debt

Not Many Are Piling Into Western Metal Materials Co., Ltd. (SZSE:002149) Just Yet

Jul 23
Not Many Are Piling Into Western Metal Materials Co., Ltd. (SZSE:002149) Just Yet

Western Metal Materials' (SZSE:002149) Dividend Is Being Reduced To CN¥0.15

Jun 19
Western Metal Materials' (SZSE:002149) Dividend Is Being Reduced To CN¥0.15

Slowing Rates Of Return At Western Metal Materials (SZSE:002149) Leave Little Room For Excitement

Jun 18
Slowing Rates Of Return At Western Metal Materials (SZSE:002149) Leave Little Room For Excitement

Western Metal Materials' (SZSE:002149) Solid Earnings May Rest On Weak Foundations

May 06
Western Metal Materials' (SZSE:002149) Solid Earnings May Rest On Weak Foundations

Does Western Metal Materials (SZSE:002149) Have A Healthy Balance Sheet?

Apr 24
Does Western Metal Materials (SZSE:002149) Have A Healthy Balance Sheet?

Further Upside For Western Metal Materials Co., Ltd. (SZSE:002149) Shares Could Introduce Price Risks After 27% Bounce

Mar 06
Further Upside For Western Metal Materials Co., Ltd. (SZSE:002149) Shares Could Introduce Price Risks After 27% Bounce

Returns At Western Metal Materials (SZSE:002149) Are On The Way Up

Feb 28
Returns At Western Metal Materials (SZSE:002149) Are On The Way Up

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002149 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002149's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Western Metal Materials Dividend Yield vs Market
How does 002149 dividend yield compare to the market?
SegmentDividend Yield
Company (002149)1.3%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Metals and Mining)2.3%
Analyst forecast (002149) (up to 3 years)1.3%

Notable Dividend: 002149's dividend (1.26%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 002149's dividend (1.26%) is low compared to the top 25% of dividend payers in the CN market (2.15%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (66.6%), 002149's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (43.5%), 002149's dividend payments are well covered by cash flows.


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