Wenling Zhejiang Measuring and Cutting Tools Trading Centre Dividend
Dividend criteria checks 4/6
Wenling Zhejiang Measuring and Cutting Tools Trading Centre is a dividend paying company with a current yield of 10.77% that is well covered by earnings. Next payment date is on 11th June, 2024 with an ex-dividend date of 14th May, 2024.
Key information
10.8%
Dividend yield
68%
Payout ratio
| Industry average yield | 5.4% |
| Next dividend pay date | 11 Jun 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.34 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Wenling Zhejiang Measuring and Cutting Tools Trading Centre's (HKG:1379) Soft Earnings Don't Show The Whole Picture
Apr 28
Calculating The Intrinsic Value Of Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited (HKG:1379)
Nov 03Wenling Zhejiang Measuring and Cutting Tools Trading Centre's (HKG:1379) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 26Calculating The Intrinsic Value Of Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited (HKG:1379)
Mar 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1379 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1379 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Wenling Zhejiang Measuring and Cutting Tools Trading Centre Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1379) | 10.8% |
| Market Bottom 25% (HK) | 3.1% |
| Market Top 25% (HK) | 7.6% |
| Industry Average (Real Estate) | 5.4% |
| Analyst forecast in 3 Years (1379) | n/a |
Notable Dividend: 1379's dividend (10.77%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.11%).
High Dividend: 1379's dividend (10.77%) is in the top 25% of dividend payers in the Hong Kong market (7.59%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.6%), 1379's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.1%), 1379's dividend payments are well covered by cash flows.