Ningbo Yibin Electronic Technology Co., Ltd.

SZSE:001278 Stock Report

Market Cap: CN¥1.9b

Ningbo Yibin Electronic Technology Dividend

Dividend criteria checks 1/6

Ningbo Yibin Electronic Technology is a dividend paying company with a current yield of 0.65% that is well covered by earnings.

Key information

0.7%

Dividend yield

11%

Payout ratio

Industry average yield1.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.83
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Ningbo Yibin Electronic Technology's (SZSE:001278) Soft Earnings Are Actually Better Than They Appear

May 06
Ningbo Yibin Electronic Technology's (SZSE:001278) Soft Earnings Are Actually Better Than They Appear

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 001278's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 001278's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Ningbo Yibin Electronic Technology Dividend Yield vs Market
How does 1278 dividend yield compare to the market?
SegmentDividend Yield
Company (1278)0.7%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Auto Components)1.8%
Analyst forecast in 3 Years (1278)n/a

Notable Dividend: 001278's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.68%).

High Dividend: 001278's dividend (0.65%) is low compared to the top 25% of dividend payers in the CN market (2.42%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (11.3%), 001278's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 001278 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.