NINGBO HENGSHUAI Dividend
Dividend criteria checks 2/6
NINGBO HENGSHUAI is a dividend paying company with a current yield of 0.57% that is well covered by earnings.
Key information
0.6%
Dividend yield
14%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥2.83 |
| Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
What Does NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Share Price Indicate?
Jun 09
NINGBO HENGSHUAI (SZSE:300969) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 03Is Now The Time To Put NINGBO HENGSHUAI (SZSE:300969) On Your Watchlist?
Apr 25NINGBO HENGSHUAI Co., LTD.'s (SZSE:300969) Intrinsic Value Is Potentially 52% Above Its Share Price
Apr 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300969 has been paying a dividend for less than 10 years.
Growing Dividend: 300969's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| NINGBO HENGSHUAI Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300969) | 0.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Auto Components) | 1.9% |
| Analyst forecast in 3 Years (300969) | 1.3% |
Notable Dividend: 300969's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 300969's dividend (0.57%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.1%), 300969's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.3%), 300969's dividend payments are well covered by cash flows.