WuXi Xinje ElectricLtd Dividend
Dividend criteria checks 2/6
WuXi Xinje ElectricLtd is a dividend paying company with a current yield of 0.62% that is well covered by earnings.
Key information
0.6%
Dividend yield
13%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.44 |
| Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
No updates
Recent updates
WuXi Xinje ElectricLtd's (SHSE:603416) Conservative Accounting Might Explain Soft Earnings
Apr 26
The Returns On Capital At WuXi Xinje ElectricLtd (SHSE:603416) Don't Inspire Confidence
Mar 28There's No Escaping WuXi Xinje Electric Co.,Ltd.'s (SHSE:603416) Muted Earnings Despite A 33% Share Price Rise
Mar 06WuXi Xinje ElectricLtd (SHSE:603416) Seems To Use Debt Quite Sensibly
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603416 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603416's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| WuXi Xinje ElectricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603416) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (603416) | 1.3% |
Notable Dividend: 603416's dividend (0.62%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603416's dividend (0.62%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), 603416's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.3%), 603416's dividend payments are covered by cash flows.