Wong Fong Industries is a dividend paying company with a current yield of 4.35% that is well covered by earnings. Next payment date is on 30th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
4.3%
Dividend yield
38%
Payout ratio
Industry average yield
3.4%
Next dividend pay date
30 May 24
Ex dividend date
08 May 24
Dividend per share
n/a
Earnings per share
S$0.016
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1A1 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1A1's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Wong Fong Industries Dividend Yield vs Market
How does 1A1 dividend yield compare to the market?
Segment
Dividend Yield
Company (1A1)
4.3%
Market Bottom 25% (SG)
2.8%
Market Top 25% (SG)
6.2%
Industry Average (Machinery)
3.4%
Analyst forecast in 3 Years (1A1)
n/a
Notable Dividend: 1A1's dividend (4.35%) is higher than the bottom 25% of dividend payers in the SG market (2.77%).
High Dividend: 1A1's dividend (4.35%) is low compared to the top 25% of dividend payers in the SG market (6.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.3%), 1A1's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.3%), 1A1's dividend payments are well covered by cash flows.