Ningbo Tuopu GroupLtd Dividend
Dividend criteria checks 2/6
Ningbo Tuopu GroupLtd is a dividend paying company with a current yield of 0.97% that is well covered by earnings.
Key information
1.0%
Dividend yield
26%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥2.02 |
| Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
No updates
Recent updates
Is There Now An Opportunity In Ningbo Tuopu Group Co.,Ltd. (SHSE:601689)?
May 21
Ningbo Tuopu GroupLtd's (SHSE:601689) Profits May Not Reveal Underlying Issues
May 03Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 24Here's Why We Think Ningbo Tuopu GroupLtd (SHSE:601689) Might Deserve Your Attention Today
Apr 10Ningbo Tuopu Group Co.,Ltd. (SHSE:601689) Just Released Its Annual Earnings: Here's What Analysts Think
Mar 19There's Reason For Concern Over Ningbo Tuopu Group Co.,Ltd.'s (SHSE:601689) Massive 27% Price Jump
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601689 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601689's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Ningbo Tuopu GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601689) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Auto Components) | 1.7% |
| Analyst forecast in 3 Years (601689) | 1.9% |
Notable Dividend: 601689's dividend (0.97%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601689's dividend (0.97%) is low compared to the top 25% of dividend payers in the CN market (2.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), 601689's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601689 is paying a dividend but the company has no free cash flows.