Ningbo Huaxiang Electronic Dividends and Buybacks
Dividend criteria checks 4/6
Ningbo Huaxiang Electronic is a dividend paying company with a current yield of 4.8% that is well covered by earnings.
Key information
4.8%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 5.7% |
| Dividend Growth | 19.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.632 |
| Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
Ningbo Huaxiang Electronic (SZSE:002048) Has A Pretty Healthy Balance Sheet
Oct 30
Ningbo Huaxiang Electronic Co., Ltd. (SZSE:002048) Screens Well But There Might Be A Catch
Sep 25Slowing Rates Of Return At Ningbo Huaxiang Electronic (SZSE:002048) Leave Little Room For Excitement
Aug 08There Is A Reason Ningbo Huaxiang Electronic Co., Ltd.'s (SZSE:002048) Price Is Undemanding
Jun 25Ningbo Huaxiang Electronic's (SZSE:002048) Returns Have Hit A Wall
Apr 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002048's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002048's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ningbo Huaxiang Electronic Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002048) | 4.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (002048) (up to 3 years) | 5.7% |
Notable Dividend: 002048's dividend (4.8%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002048's dividend (4.8%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.9%), 002048's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (264.8%), 002048's dividend payments are not well covered by cash flows.