Wolong Resources Group Dividend
Dividend criteria checks 3/6
Wolong Resources Group is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
60%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Earnings per share | CN¥0.10 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600173's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600173's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Wolong Resources Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600173) | 1.6% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Real Estate) | 3.0% |
| Analyst forecast (600173) (up to 3 years) | n/a |
Notable Dividend: 600173's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 600173's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.5%), 600173's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600173 is paying a dividend but the company has no free cash flows.