Ningbo Lehui International Engineering EquipmentLtd Dividends and Buybacks
Dividend criteria checks 3/6
Ningbo Lehui International Engineering EquipmentLtd is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | -1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 80% |
Recent dividend and buyback updates
No updates
Recent updates
We Think That There Are Issues Underlying Ningbo Lehui International Engineering EquipmentLtd's (SHSE:603076) Earnings
Nov 07
Ningbo Lehui International Engineering EquipmentLtd's (SHSE:603076) Returns On Capital Not Reflecting Well On The Business
Sep 27Shareholders Can Be Confident That Ningbo Lehui International Engineering EquipmentLtd's (SHSE:603076) Earnings Are High Quality
May 03Ningbo Lehui International Engineering EquipmentLtd (SHSE:603076) Will Want To Turn Around Its Return Trends
Apr 17There's No Escaping Ningbo Lehui International Engineering Equipment Co.,Ltd's (SHSE:603076) Muted Revenues Despite A 31% Share Price Rise
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603076 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603076 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Ningbo Lehui International Engineering EquipmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603076) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603076) (up to 3 years) | n/a |
Notable Dividend: 603076's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603076's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.5%), 603076's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.4%), 603076's dividend payments are thoroughly covered by cash flows.