Weihai Guangwei Composites Dividends and Buybacks
Dividend criteria checks 2/6
Weihai Guangwei Composites is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 13.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300699 has been paying a dividend for less than 10 years.
Growing Dividend: 300699's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Weihai Guangwei Composites Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300699) | 1.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (300699) (up to 3 years) | 1.6% |
Notable Dividend: 300699's dividend (1.33%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 300699's dividend (1.33%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), 300699's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300699 is paying a dividend but the company has no free cash flows.