Wushang Group Dividend
Dividend criteria checks 3/6
Wushang Group is a dividend paying company with a current yield of 1.14% that is well covered by earnings. Next payment date is on 11th October, 2024 with an ex-dividend date of 11th October, 2024.
Key information
1.1%
Dividend yield
47%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 11 Oct 24 |
| Ex dividend date | 11 Oct 24 |
| Dividend per share | CN¥0.100 |
| Earnings per share | CN¥0.32 |
| Dividend yield forecast | 0.7% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000501 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000501 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Wushang Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000501) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Multiline Retail) | 2.1% |
| Analyst forecast (000501) (up to 3 years) | 0.7% |
Notable Dividend: 000501's dividend (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 000501's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.9%), 000501's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.3%), 000501's dividend payments are thoroughly covered by cash flows.