Shenzhen Weiguang Biological Products

SZSE:002880 Stock Report

Mkt Cap: CN¥5.7b

Shenzhen Weiguang Biological Products Dividend

What is Shenzhen Weiguang Biological Products's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.79%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 002880's dividend (0.79%) is higher than the bottom 25% of dividend payers in the CN market (0.52%).

High Dividend: 002880's dividend (0.79%) is low compared to the top 25% of dividend payers in the CN market (2.1%).


Stability and Growth of Payments

Stable Dividend: 002880 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002880 has only been paying a dividend for 4 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.3%), 002880's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 002880 is paying a dividend but the company has no free cash flows.


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