Wuxi Double Elephant Micro Fibre MaterialLtd Dividends and Buybacks
Dividend criteria checks 3/6
Wuxi Double Elephant Micro Fibre MaterialLtd is a dividend paying company with a current yield of 0.63% that is well covered by earnings.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Wuxi Double Elephant Micro Fibre MaterialLtd (SZSE:002395) Is Experiencing Growth In Returns On Capital
Nov 18
We Think Wuxi Double Elephant Micro Fibre MaterialLtd (SZSE:002395) Can Stay On Top Of Its Debt
May 28Wuxi Double Elephant Micro Fibre Material Co.,Ltd's (SZSE:002395) Shares Climb 30% But Its Business Is Yet to Catch Up
Apr 26Wuxi Double Elephant Micro Fibre MaterialLtd's (SZSE:002395) Solid Profits Have Weak Fundamentals
Apr 25There's Reason For Concern Over Wuxi Double Elephant Micro Fibre Material Co.,Ltd's (SZSE:002395) Massive 36% Price Jump
Mar 09Health Check: How Prudently Does Wuxi Double Elephant Micro Fibre MaterialLtd (SZSE:002395) Use Debt?
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002395's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002395's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Wuxi Double Elephant Micro Fibre MaterialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002395) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002395) (up to 3 years) | n/a |
Notable Dividend: 002395's dividend (0.63%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002395's dividend (0.63%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 002395's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002395 is paying a dividend but the company has no free cash flows.