Neway Valve (Suzhou) Dividend
Dividend criteria checks 4/6
Neway Valve (Suzhou) is a dividend paying company with a current yield of 2.79% that is well covered by earnings.
Key information
2.8%
Dividend yield
48%
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¥1.08 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Neway Valve (Suzhou) Co., Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Apr 16Under The Bonnet, Neway Valve (Suzhou)'s (SHSE:603699) Returns Look Impressive
Mar 26Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Feb 29Is Neway Valve (Suzhou) Co., Ltd. (SHSE:603699) Trading At A 40% Discount?
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603699's dividend payments have been volatile in the past 10 years.
Growing Dividend: 603699's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Neway Valve (Suzhou) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603699) | 2.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603699) | n/a |
Notable Dividend: 603699's dividend (2.79%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603699's dividend (2.79%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), 603699's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.6%), 603699's dividend payments are not well covered by cash flows.