TongweiLtd Dividend
Dividend criteria checks 4/6
TongweiLtd is a dividend paying company with a current yield of 13.18% that is well covered by earnings.
Key information
13.2%
Dividend yield
63%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥4.51 |
Dividend yield forecast in 3Y | 7.8% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600438's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600438's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TongweiLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600438) | 13.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Semiconductor) | 1.4% |
Analyst forecast in 3 Years (600438) | 7.8% |
Notable Dividend: 600438's dividend (13.18%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600438's dividend (13.18%) is in the top 25% of dividend payers in the CN market (2.39%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.4%), 600438's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.3%), 600438's dividend payments are not well covered by cash flows.