Wells Advanced Materials (Shanghai) Dividends and Buybacks
Dividend criteria checks 1/6
Wells Advanced Materials (Shanghai) is a dividend paying company with a current yield of 0.84%.
Key information
0.8%
Dividend yield
-20.2%
Buyback Yield
| Total Shareholder Yield | -19.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.220 |
| Payout ratio | 284% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301555's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301555's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Wells Advanced Materials (Shanghai) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301555) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (301555) (up to 3 years) | n/a |
Notable Dividend: 301555's dividend (0.84%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301555's dividend (0.84%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (283.8%), 301555's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301555 is paying a dividend but the company has no free cash flows.