Wuhan DR Laser TechnologyLtd Dividend
Dividend criteria checks 3/6
Wuhan DR Laser TechnologyLtd is a dividend paying company with a current yield of 0.77% that is well covered by earnings.
Key information
0.8%
Dividend yield
19%
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¥1.85 |
Dividend yield forecast in 3Y | 1.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300776 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300776's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Wuhan DR Laser TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300776) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Semiconductor) | 1.4% |
Analyst forecast in 3 Years (300776) | 1.5% |
Notable Dividend: 300776's dividend (0.77%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300776's dividend (0.77%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19%), 300776's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.9%), 300776's dividend payments are thoroughly covered by cash flows.