WCON Electronics (Guangdong) Dividend
Dividend criteria checks 2/6
WCON Electronics (Guangdong) is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
53%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.400 |
Earnings per share | CN¥0.95 |
Dividend yield forecast | 1.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301328's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301328's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
WCON Electronics (Guangdong) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301328) | 1.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Electronic) | 1.3% |
Analyst forecast (301328) (up to 3 years) | 1.0% |
Notable Dividend: 301328's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 301328's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.2%), 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.