Western Metal Materials Dividends and Buybacks
Dividend criteria checks 3/6
Western Metal Materials is a dividend paying company with a current yield of 1.21% that is well covered by earnings.
Key information
1.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 12.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 67% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002149) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (002149) (up to 3 years) | 1.2% |
Notable Dividend: 002149's dividend (1.21%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002149's dividend (1.21%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
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.