Shandong Weigao Group Medical Polymer Dividends and Buybacks
Dividend criteria checks 4/6
Shandong Weigao Group Medical Polymer is a dividend paying company with a current yield of 4.04% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 21st October, 2024.
Key information
4.0%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 4.7% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 7.3% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 21 Oct 24 |
| Dividend per share | US$0.0235 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SHWG.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHWG.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Weigao Group Medical Polymer Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SHWG.Y) | 4.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Medical Equipment) | 1.6% |
| Analyst forecast (SHWG.Y) (up to 3 years) | 5.0% |
Notable Dividend: SHWG.Y's dividend (4.04%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SHWG.Y's dividend (4.04%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), SHWG.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.5%), SHWG.Y's dividend payments are well covered by cash flows.