Ningbo Xusheng Group Dividend
Dividend criteria checks 2/6
Ningbo Xusheng Group is a dividend paying company with a current yield of 0.63% that is well covered by earnings.
Key information
0.6%
Dividend yield
10%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.84 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603305 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603305's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Ningbo Xusheng Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603305) | 0.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Auto Components) | 1.3% |
Analyst forecast in 3 Years (603305) | 1.4% |
Notable Dividend: 603305's dividend (0.63%) is higher than the bottom 25% of dividend payers in the CN market (0.61%).
High Dividend: 603305's dividend (0.63%) is low compared to the top 25% of dividend payers in the CN market (2.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.2%), 603305's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603305 is paying a dividend but the company has no free cash flows.