Wankai New Materials Dividend
Dividend criteria checks 2/6
Wankai New Materials is a dividend paying company with a current yield of 1.29% that is well covered by earnings.
Key information
1.3%
Dividend yield
27%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.54 |
Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301216 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301216's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Wankai New Materials Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301216) | 1.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (301216) | 3.6% |
Notable Dividend: 301216's dividend (1.29%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301216's dividend (1.29%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.5%), 301216's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301216 is paying a dividend but the company has no free cash flows.