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 1.58% that is well covered by earnings.
Key information
1.6%
Dividend yield
35%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.145 |
Earnings per share | CN¥0.42 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Nanjing Inform Storage Equipment (Group) (SHSE:603066) Will Pay A Larger Dividend Than Last Year At CN¥0.145
Jul 12Nanjing Inform Storage Equipment (Group)'s (SHSE:603066) Soft Earnings Are Actually Better Than They Appear
May 06Returns At Nanjing Inform Storage Equipment (Group) (SHSE:603066) Appear To Be Weighed Down
Apr 23Nanjing Inform Storage Equipment (Group) Co., Ltd. (SHSE:603066) Stock Catapults 29% Though Its Price And Business Still Lag The Market
Mar 06Stability 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) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (603066) | n/a |
Notable Dividend: 603066's dividend (1.58%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603066's dividend (1.58%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.6%), 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.