WCON Electronics (Guangdong) Co., Ltd.

XSEC:301328 Stock Report

Market Cap: CN¥4.4b

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 yield1.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.400
Earnings per shareCN¥0.95
Dividend yield forecast1.0%

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
How does 301328 dividend yield compare to the market?
SegmentDividend 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.


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