Wuxi Sunlit Science and Technology Dividend
Dividend criteria checks 3/6
Wuxi Sunlit Science and Technology is a dividend paying company with a current yield of 10.29% that is well covered by earnings. Next payment date is on 19th July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
10.3%
Dividend yield
35%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 19 Jul 24 |
| Ex dividend date | 28 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.23 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
A Look At The Intrinsic Value Of Wuxi Sunlit Science and Technology Company Limited (HKG:1289)
Nov 08
Wuxi Sunlit Science and Technology's (HKG:1289) Returns On Capital Not Reflecting Well On The Business
Oct 10If EPS Growth Is Important To You, Wuxi Sunlit Science and Technology (HKG:1289) Presents An Opportunity
Sep 13A Look At The Intrinsic Value Of Wuxi Sunlit Science and Technology Company Limited (HKG:1289)
Aug 01Capital Allocation Trends At Wuxi Sunlit Science and Technology (HKG:1289) Aren't Ideal
Jun 27Returns On Capital Signal Difficult Times Ahead For Wuxi Sunlit Science and Technology (HKG:1289)
Jan 30Here's What's Concerning About Wuxi Sunlit Science and Technology's (HKG:1289) Returns On Capital
Oct 27Wuxi Sunlit Science and Technology's (HKG:1289) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jul 28Returns Are Gaining Momentum At Wuxi Sunlit Science and Technology (HKG:1289)
Mar 09Wuxi Sunlit Science and Technology (HKG:1289) Shareholders Will Want The ROCE Trajectory To Continue
Nov 17Returns On Capital Are Showing Encouraging Signs At Wuxi Sunlit Science and Technology (HKG:1289)
Jul 26Three Things You Should Check Before Buying Wuxi Sunlit Science and Technology Company Limited (HKG:1289) For Its Dividend
May 04Wuxi Sunlit Science and Technology (HKG:1289) Is Experiencing Growth In Returns On Capital
Mar 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1289 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1289 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Wuxi Sunlit Science and Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1289) | 10.3% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.2% |
| Industry Average (Machinery) | 3.1% |
| Analyst forecast in 3 Years (1289) | n/a |
Notable Dividend: 1289's dividend (10.29%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.39%).
High Dividend: 1289's dividend (10.29%) is in the top 25% of dividend payers in the Hong Kong market (8.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), 1289's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (475%), 1289's dividend payments are not well covered by cash flows.