Wuxi Honghui New Materials Technology Dividend
Dividend criteria checks 3/6
Wuxi Honghui New Materials Technology is a dividend paying company with a current yield of 3.22%.
Key information
3.2%
Dividend yield
105%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.250 |
Earnings per share | CN¥0.24 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Wuxi Honghui New Materials Technology Co., Ltd.'s (SZSE:002802) 37% Price Boost Is Out Of Tune With Earnings
May 21Wuxi Honghui New Materials Technology's (SZSE:002802) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 03There's Reason For Concern Over Wuxi Honghui New Materials Technology Co., Ltd.'s (SZSE:002802) Massive 27% Price Jump
Mar 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002802 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002802's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Wuxi Honghui New Materials Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002802) | 3.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (002802) | n/a |
Notable Dividend: 002802's dividend (3.22%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002802's dividend (3.22%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (104.9%), 002802's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.1%), 002802's dividend payments are covered by cash flows.