Wuxi Paike New Materials TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
Wuxi Paike New Materials TechnologyLtd is a dividend paying company with a current yield of 1.82% that is well covered by earnings.
Key information
1.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 40.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.040 |
| Payout ratio | 69% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605123 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605123's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Wuxi Paike New Materials TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605123) | 1.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (605123) (up to 3 years) | 2.6% |
Notable Dividend: 605123's dividend (1.82%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605123's dividend (1.82%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.1%), 605123's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.8%), 605123's dividend payments are covered by cash flows.