WuXi Xinje ElectricLtd Dividends and Buybacks
Dividend criteria checks 3/6
WuXi Xinje ElectricLtd is a dividend paying company with a current yield of 0.61% that is well covered by earnings.
Key information
0.6%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.220 |
| Payout ratio | 14% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603416 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603416's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| WuXi Xinje ElectricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603416) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (603416) (up to 3 years) | 0.5% |
Notable Dividend: 603416's dividend (0.61%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603416's dividend (0.61%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14%), 603416's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.9%), 603416's dividend payments are covered by cash flows.