Ningbo Xusheng Group Dividends and Buybacks
Dividend criteria checks 2/6
Ningbo Xusheng Group is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 39.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.230 |
| Payout ratio | 45% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603305 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603305's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Ningbo Xusheng Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603305) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (603305) (up to 3 years) | 1.2% |
Notable Dividend: 603305's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603305's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), 603305's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.4%), 603305's dividend payments are not well covered by cash flows.