Tibet Weixinkang Medicine Dividends and Buybacks
Dividend criteria checks 3/6
Tibet Weixinkang Medicine is a dividend paying company with a current yield of 1.71% that is well covered by earnings.
Key information
1.7%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.162 |
| Payout ratio | 78% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603676 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603676's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Tibet Weixinkang Medicine Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603676) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Pharmaceuticals) | 1.7% |
| Analyst forecast (603676) (up to 3 years) | n/a |
Notable Dividend: 603676's dividend (1.71%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603676's dividend (1.71%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.2%), 603676's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.4%), 603676's dividend payments are well covered by cash flows.