Ningbo Construction Dividend
Dividend criteria checks 5/6
Ningbo Construction is a dividend paying company with a current yield of 2.72% that is well covered by earnings. Next payment date is on 4th July, 2024 with an ex-dividend date of 4th July, 2024.
Key information
2.7%
Dividend yield
36%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 04 Jul 24 |
Ex dividend date | 04 Jul 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.29 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601789's dividends per share have been stable in the past 10 years.
Growing Dividend: 601789's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ningbo Construction Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601789) | 2.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Construction) | 3.4% |
Analyst forecast in 3 Years (601789) | n/a |
Notable Dividend: 601789's dividend (2.72%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 601789's dividend (2.72%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), 601789's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108.7%), 601789's dividend payments are not well covered by cash flows.