WCON Electronics (Guangdong) Dividends and Buybacks
Dividend criteria checks 2/6
WCON Electronics (Guangdong) is a dividend paying company with a current yield of 1.02% that is well covered by earnings.
Key information
1.0%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 0.8% |
| Dividend Growth | 23.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301328 has been paying a dividend for less than 10 years.
Growing Dividend: 301328's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| WCON Electronics (Guangdong) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301328) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.2% |
| Analyst forecast (301328) (up to 3 years) | 0.8% |
Notable Dividend: 301328's dividend (1.02%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 301328's dividend (1.02%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.3%), 301328's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301328 is paying a dividend but the company has no free cash flows.