Weichai Power Dividend
Dividend criteria checks 4/6
Weichai Power is a dividend paying company with a current yield of 4.53% that is well covered by earnings.
Key information
4.5%
Dividend yield
46%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$1.13 |
Dividend yield forecast in 3Y | 6.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2338's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2338's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Weichai Power Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2338) | 4.5% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 7.6% |
Industry Average (Machinery) | 3.3% |
Analyst forecast in 3 Years (2338) | 6.5% |
Notable Dividend: 2338's dividend (4.53%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.17%).
High Dividend: 2338's dividend (4.53%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.7%), 2338's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.5%), 2338's dividend payments are well covered by cash flows.