Tibet Weixinkang Medicine Dividend
Dividend criteria checks 4/6
Tibet Weixinkang Medicine is a dividend paying company with a current yield of 3.64% that is well covered by earnings.
Key information
3.6%
Dividend yield
50%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.285 |
| Earnings per share | CN¥0.56 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent 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 6 years.
Dividend Yield vs Market
| Tibet Weixinkang Medicine Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603676) | 3.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Pharmaceuticals) | 2.0% |
| Analyst forecast (603676) (up to 3 years) | n/a |
Notable Dividend: 603676's dividend (3.64%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 603676's dividend (3.64%) is in the top 25% of dividend payers in the CN market (2.68%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (50%), 603676's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.8%), 603676's dividend payments are well covered by cash flows.