GuangZhou LingWe Technology Dividend
Dividend criteria checks 3/6
GuangZhou LingWe Technology is a dividend paying company with a current yield of 2.29% that is well covered by earnings.
Key information
2.3%
Dividend yield
25%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Earnings per share | CN¥1.20 |
| Future Dividend Yield | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301373 has been paying a dividend for less than 10 years.
Growing Dividend: 301373's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| GuangZhou LingWe Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301373) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (301373) (up to 3 years) | n/a |
Notable Dividend: 301373's dividend (2.29%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 301373's dividend (2.29%) is in the top 25% of dividend payers in the CN market (2.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.2%), 301373's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (4288.4%), 301373's dividend payments are not well covered by cash flows.