Wuhan Raycus Fiber Laser TechnologiesLtd Dividends and Buybacks
Dividend criteria checks 3/6
Wuhan Raycus Fiber Laser TechnologiesLtd is a dividend paying company with a current yield of 0.57% that is well covered by earnings.
Key information
0.6%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 35.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300747 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300747's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Wuhan Raycus Fiber Laser TechnologiesLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300747) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (300747) (up to 3 years) | 1.2% |
Notable Dividend: 300747's dividend (0.57%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 300747's dividend (0.57%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.8%), 300747's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.9%), 300747's dividend payments are well covered by cash flows.