Wuxi Paike New Materials TechnologyLtd Dividend
Dividend criteria checks 2/6
Wuxi Paike New Materials TechnologyLtd is a dividend paying company with a current yield of 2.41% that is well covered by earnings.
Key information
2.5%
Dividend yield
37%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥3.48 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (605123) | 2.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Metals and Mining) | 2.4% |
Analyst forecast in 3 Years (605123) | 2.2% |
Notable Dividend: 605123's dividend (2.41%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 605123's dividend (2.41%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.8%), 605123's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605123 is paying a dividend but the company has no free cash flows.