Ningbo Sanxing Medical ElectricLtd Dividend
Dividend criteria checks 4/6
Ningbo Sanxing Medical ElectricLtd is a dividend paying company with a current yield of 1.89% that is well covered by earnings.
Key information
1.9%
Dividend yield
46%
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¥1.42 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
No updates
Recent updates
These 4 Measures Indicate That Ningbo Sanxing Medical ElectricLtd (SHSE:601567) Is Using Debt Safely
Jun 03
Investors Shouldn't Be Too Comfortable With Ningbo Sanxing Medical ElectricLtd's (SHSE:601567) Earnings
May 02Ningbo Sanxing Medical Electric Co.,Ltd.'s (SHSE:601567) Shares Climb 25% But Its Business Is Yet to Catch Up
Apr 17We Ran A Stock Scan For Earnings Growth And Ningbo Sanxing Medical ElectricLtd (SHSE:601567) Passed With Ease
Mar 26Ningbo Sanxing Medical Electric Co.,Ltd.'s (SHSE:601567) Shares Lagging The Market But So Is The Business
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601567's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601567's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ningbo Sanxing Medical ElectricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601567) | 1.9% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast in 3 Years (601567) | 3.6% |
Notable Dividend: 601567's dividend (1.89%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 601567's dividend (1.89%) is low compared to the top 25% of dividend payers in the CN market (2.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.7%), 601567's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89%), 601567's dividend payments are covered by cash flows.