Nantong Chaoda EquipmentLtd Dividends and Buybacks
Dividend criteria checks 3/6
Nantong Chaoda EquipmentLtd is a dividend paying company with a current yield of 2.92% that is well covered by earnings.
Key information
2.9%
Dividend yield
15.7%
Buyback Yield
| Total Shareholder Yield | 18.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 56.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.120 |
| Payout ratio | 45% |
Recent dividend and buyback updates
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 3 years.
Dividend Yield vs Market
| Nantong Chaoda EquipmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301186) | 2.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (301186) (up to 3 years) | n/a |
Notable Dividend: 301186's dividend (2.92%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301186's dividend (2.92%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.8%), 301186's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (129.3%), 301186's dividend payments are not well covered by cash flows.