Ways ElectronLtd Dividend
Dividend criteria checks 2/6
Ways ElectronLtd is a dividend paying company with a current yield of 1.48% that is well covered by earnings. Last payment was on 21st May, 2024 with an ex-dividend date of 21st May, 2024.
Key information
1.5%
Dividend yield
49%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 21 May 24 |
| Ex dividend date | 21 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.56 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605218 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605218's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Ways ElectronLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605218) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (605218) | n/a |
Notable Dividend: 605218's dividend (1.48%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 605218's dividend (1.48%) 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 (49.5%), 605218's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605218 is paying a dividend but the company has no free cash flows.