Nantong Chaoda Equipment Co.,Ltd.

SZSE:301186 Stock Report

Market Cap: CN¥2.3b

Nantong Chaoda EquipmentLtd Dividend

Dividend criteria checks 3/6

Nantong Chaoda EquipmentLtd is a dividend paying company with a current yield of 3.59% that is well covered by earnings.

Key information

3.6%

Dividend yield

68%

Payout ratio

Industry average yield1.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥1.41
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Does Nantong Chaoda EquipmentLtd (SZSE:301186) Deserve A Spot On Your Watchlist?

Apr 01
Does Nantong Chaoda EquipmentLtd (SZSE:301186) Deserve A Spot On Your Watchlist?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 301186 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 301186's dividend payments have increased, but the company has only paid a dividend for 2 years.


Dividend Yield vs Market

Nantong Chaoda EquipmentLtd Dividend Yield vs Market
How does 301186 dividend yield compare to the market?
SegmentDividend Yield
Company (301186)3.6%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.5%
Industry Average (Auto Components)1.8%
Analyst forecast in 3 Years (301186)n/a

Notable Dividend: 301186's dividend (3.59%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).

High Dividend: 301186's dividend (3.59%) is in the top 25% of dividend payers in the CN market (2.47%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (68.1%), 301186's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (117.9%), 301186's dividend payments are not well covered by cash flows.


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