Wellhope Foods dividend – Wellhope Foods Co Ltd Announces 0.12 Cash Dividend

🌥️Dividends Yield

On May 25 2023, Wellhope Foods ($SHSE:603609) Co Ltd announced a cash dividend of 0.12 CNY per share, which is an increase from the 0.0 CNY and 0.22 CNY dividends per share that were issued in the past two years. This dividend yield for 2021 to 2023 is estimated to be 2.03%, 2.03%, with an average dividend yield of 2.03%. This investment opportunity has an ex-dividend date of May 26 2023. With this dividend yield, investors can expect to get a consistent return on their investment.

This dividend is a great way to diversify your portfolio and to ensure steady returns for the long-term. Therefore, this dividend announcement should be considered by those looking for a reliable source of income.

Market Price

The announcement had a minor effect on the stock price, which opened at CNY9.6 and closed at CNY9.5. This dividend payout marks the second time that WELLHOPE FOODS has paid out dividends to shareholders this year. The company has been actively rewarding shareholders through cash dividends and other measures. Investors should take note of this dividend payout as it reflects the confidence that WELLHOPE FOODS has in its future prospects. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Wellhope Foods. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Wellhope Foods. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Wellhope Foods. More…

Key Ratios Snapshot

Some of the financial key ratios for Wellhope Foods are shown below. More…

Analysis

At GoodWhale, we have conducted an analysis of WELLHOPE FOODS‘s wellbeing. Based on our Risk Rating, WELLHOPE FOODS is a medium risk investment in terms of financial and business aspects. Our analysis of the company has identified two risk warnings in the income sheet and cashflow statement. If you would like to read more about these risk warnings in more detail, please register on GoodWhale.com to access our detailed analysis. More…

Peers

Wellhope Foods Co Ltd is one of the leading food companies in China, producing a wide variety of products ranging from dairy products to processed foods. Operating in a highly competitive market, Wellhope Foods Co Ltd is up against major competitors such as Vietnam Livestock Corp (VILICO) JSC, An Giang Import – Export Co and KSE Ltd. All of these companies strive to produce quality food products while providing unbeatable customer service.

– Vietnam Livestock Corp ( VILICO ) JSC ($HNX:VLC)

KSE Ltd is a large publically traded company that primarily focuses on the development of innovative technology solutions. With a market capitalization of 5.32 billion dollars as of 2023, KSE Ltd is one of the larger players in the technology space. Furthermore, its Return on Equity (ROE) of -0.26% indicates that the company is not generating a return for its shareholders. This could be due to the company’s significant investments in research and development as well as its high overhead costs. Despite this, KSE Ltd continues to be an innovative force in the technology industry.

Summary

Investing in WellHope Foods can be a good option for those looking for a reliable dividend yield. The company has consistently provided dividends of 0.0 CNY and 0.22 CNY per share over the last two years, with an estimated dividend yield of 2.03% over the next three years. With a strong financial position and a reliable dividend return, WellHope Foods can be an attractive investment option for those looking for stable returns. Furthermore, their consistent record of providing dividends shows that the company is committed to providing returns to investors.