Ningbo United GroupLtd Dividend
Dividend criteria checks 2/6
Ningbo United GroupLtd is a dividend paying company with a current yield of 1.87% that is well covered by earnings.
Key information
1.9%
Dividend yield
35%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Earnings per share | CN¥0.34 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600051's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600051's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Ningbo United GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600051) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Trade Distributors) | 3.0% |
| Analyst forecast (600051) (up to 3 years) | n/a |
Notable Dividend: 600051's dividend (1.87%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 600051's dividend (1.87%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.3%), 600051's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (141.2%), 600051's dividend payments are not well covered by cash flows.