Ningbo TIP Rubber TechnologyLtd Dividend
Dividend criteria checks 2/6
Ningbo TIP Rubber TechnologyLtd is a dividend paying company with a current yield of 1.52%.
Key information
1.5%
Dividend yield
95%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.24 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
We Think Ningbo TIP Rubber TechnologyLtd's (SHSE:605255) Profit Is Only A Baseline For What They Can Achieve
Apr 29
Ningbo TIP Rubber Technology Co.,Ltd (SHSE:605255) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely
Apr 17Ningbo TIP Rubber Technology Co.,Ltd's (SHSE:605255) Popularity With Investors Under Threat As Stock Sinks 31%
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605255 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605255 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Ningbo TIP Rubber TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605255) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Auto Components) | 1.4% |
| Analyst forecast in 3 Years (605255) | n/a |
Notable Dividend: 605255's dividend (1.52%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605255's dividend (1.52%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.2%), 605255's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.8%), 605255's dividend payments are covered by cash flows.