Western Superconducting Technologies Dividends and Buybacks
Dividend criteria checks 2/6
Western Superconducting Technologies is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 30.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.700 |
| Payout ratio | 59% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688122 has been paying a dividend for less than 10 years.
Growing Dividend: 688122's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Western Superconducting Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688122) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (688122) (up to 3 years) | 2.4% |
Notable Dividend: 688122's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688122's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.9%), 688122's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (302.7%), 688122's dividend payments are not well covered by cash flows.