Ningbo TIP Rubber TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Ningbo TIP Rubber TechnologyLtd is a dividend paying company with a current yield of 1.66%.
Key information
1.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -32.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.220 |
| Payout ratio | 110% |
Recent dividend and buyback updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Ningbo TIP Rubber TechnologyLtd (SHSE:605255)
Nov 07
Investor Optimism Abounds Ningbo TIP Rubber Technology Co.,Ltd (SHSE:605255) But Growth Is Lacking
Sep 27We Think Ningbo TIP Rubber TechnologyLtd's (SHSE:605255) Profit Is Only A Baseline For What They Can Achieve
Apr 29Ningbo 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 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Ningbo TIP Rubber TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605255) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (605255) (up to 3 years) | n/a |
Notable Dividend: 605255's dividend (1.66%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605255's dividend (1.66%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.3%), 605255's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.5%), 605255's dividend payments are well covered by cash flows.