Ningbo Orient Wires & CablesLtd Dividends and Buybacks
Dividend criteria checks 4/6
Ningbo Orient Wires & CablesLtd is a dividend paying company with a current yield of 0.83% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 10.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
We Think Ningbo Orient Wires & CablesLtd (SHSE:603606) Can Stay On Top Of Its Debt
Nov 11
Be Wary Of Ningbo Orient Wires & CablesLtd (SHSE:603606) And Its Returns On Capital
Sep 03Ningbo Orient Wires & CablesLtd (SHSE:603606) Has A Pretty Healthy Balance Sheet
Jul 13Ningbo Orient Wires & CablesLtd's (SHSE:603606) Earnings Are Weaker Than They Seem
May 03Time To Worry? Analysts Are Downgrading Their Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Outlook
Mar 25Estimating The Intrinsic Value Of Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606)
Mar 15Not Many Are Piling Into Ningbo Orient Wires & Cables Co.,Ltd. (SHSE:603606) Just Yet
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603606's dividend payments have been volatile in the past 10 years.
Growing Dividend: 603606's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ningbo Orient Wires & CablesLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603606) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (603606) (up to 3 years) | 1.6% |
Notable Dividend: 603606's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603606's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), 603606's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.7%), 603606's dividend payments are well covered by cash flows.