Wong Fong Industries Dividends and Buybacks
Dividend criteria checks 3/6
Wong Fong Industries is a dividend paying company with a current yield of 4.55% that is well covered by earnings.
Key information
4.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 15.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | S$0.006 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
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 8 years.
Dividend Yield vs Market
| Wong Fong Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1A1) | 4.5% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 6.0% |
| Industry Average (Machinery) | 2.8% |
| Analyst forecast (1A1) (up to 3 years) | n/a |
Notable Dividend: 1A1's dividend (4.55%) is higher than the bottom 25% of dividend payers in the SG market (2.7%).
High Dividend: 1A1's dividend (4.55%) is low compared to the top 25% of dividend payers in the SG market (5.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.7%), 1A1's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.3%), 1A1's dividend payments are well covered by cash flows.