Ningbo Deye Technology Group Dividend
Dividend criteria checks 2/6
Ningbo Deye Technology Group is a dividend paying company with a current yield of 2.25% that is well covered by earnings.
Key information
2.2%
Dividend yield
55%
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¥3.80 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
No updates
Recent updates
Ningbo Deye Technology Group Co., Ltd. Beat Revenue Forecasts By 18%: Here's What Analysts Are Forecasting Next
Apr 29With EPS Growth And More, Ningbo Deye Technology Group (SHSE:605117) Makes An Interesting Case
Apr 22Shareholders Are Optimistic That Ningbo Deye Technology Group (SHSE:605117) Will Multiply In Value
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605117 has been paying a dividend for less than 10 years.
Growing Dividend: 605117's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Ningbo Deye Technology Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (605117) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (605117) | 2.4% |
Notable Dividend: 605117's dividend (2.25%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605117's dividend (2.25%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.1%), 605117's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (119.1%), 605117's dividend payments are not well covered by cash flows.