Ningbo Deye Technology Group Dividends and Buybacks
Dividend criteria checks 4/6
Ningbo Deye Technology Group is a dividend paying company with a current yield of 2.9% that is well covered by earnings.
Key information
2.9%
Dividend yield
-4.6%
Buyback Yield
| Total Shareholder Yield | -1.7% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 77.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥2.400 |
| Payout ratio | 67% |
Recent dividend and buyback updates
Recent updates
We Think That There Are Some Issues For Ningbo Deye Technology Group (SHSE:605117) Beyond Its Promising Earnings
Nov 06
Earnings Tell The Story For Ningbo Deye Technology Group Co., Ltd. (SHSE:605117) As Its Stock Soars 28%
Jul 15Be Wary Of Ningbo Deye Technology Group (SHSE:605117) And Its Returns On Capital
Jul 05Weak Statutory Earnings May Not Tell The Whole Story For Ningbo Deye Technology Group (SHSE:605117)
May 01Ningbo 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 3 years.
Dividend Yield vs Market
| Ningbo Deye Technology Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605117) | 2.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (605117) (up to 3 years) | 3.4% |
Notable Dividend: 605117's dividend (2.9%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 605117's dividend (2.9%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.9%), 605117's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.6%), 605117's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 23:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ningbo Deye Technology Group Co., Ltd. is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wei He | China International Capital Corporation Limited |
| Colin Liu | China Renaissance Securities |
| You You Liu | China Stock Investment Research Co. Ltd. (GZ500..com) |