Ningbo Orient Wires & CablesLtd Dividend
Dividend criteria checks 3/6
Ningbo Orient Wires & CablesLtd is a dividend paying company with a current yield of 0.92% that is well covered by earnings.
Key information
0.9%
Dividend yield
31%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.450 |
Earnings per share | CN¥1.47 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
No updates
Recent updates
Ningbo 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 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603606's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Ningbo Orient Wires & CablesLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603606) | 0.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (603606) | 1.7% |
Notable Dividend: 603606's dividend (0.92%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603606's dividend (0.92%) 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 (30.8%), 603606's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.4%), 603606's dividend payments are well covered by cash flows.