Nanjing Inform Storage Equipment (Group) Dividend
Dividend criteria checks 2/6
Nanjing Inform Storage Equipment (Group) is a dividend paying company with a current yield of 0.85% that is well covered by earnings.
Key information
0.8%
Dividend yield
20%
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¥0.42 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603066 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603066's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Nanjing Inform Storage Equipment (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603066) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (603066) | n/a |
Notable Dividend: 603066's dividend (0.85%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603066's dividend (0.85%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.7%), 603066's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603066 is paying a dividend but the company has no free cash flows.