Ningbo Ronbay New Energy TechnologyLtd Dividends and Buybacks
Dividend criteria checks 1/6
Ningbo Ronbay New Energy TechnologyLtd is a dividend paying company with a current yield of 0.84%.
Key information
0.8%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 49.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.303 |
| Payout ratio | 179% |
Recent dividend and buyback updates
Recent updates
Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Could Be Struggling To Allocate Capital
Nov 25
Ningbo Ronbay New Energy TechnologyLtd's (SHSE:688005) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 06Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Held Back By Insufficient Growth Even After Shares Climb 34%
Oct 14Improved Revenues Required Before Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Shares Find Their Feet
Aug 26Analysts Just Slashed Their Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) EPS Numbers
Aug 07Revenue Miss: Ningbo Ronbay New Energy Technology Co.,Ltd. Fell 10% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Aug 06Is Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) A Risky Investment?
Aug 02Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Will Be Hoping To Turn Its Returns On Capital Around
Jul 15Earnings Troubles May Signal Larger Issues for Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Shareholders
Apr 21Market Might Still Lack Some Conviction On Ningbo Ronbay New Energy Technology Co.,Ltd. (SHSE:688005) Even After 28% Share Price Boost
Apr 09Does Ningbo Ronbay New Energy TechnologyLtd (SHSE:688005) Have A Healthy Balance Sheet?
Mar 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688005 has been paying a dividend for less than 10 years.
Growing Dividend: 688005's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Ningbo Ronbay New Energy TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688005) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (688005) (up to 3 years) | 1.1% |
Notable Dividend: 688005's dividend (0.84%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688005's dividend (0.84%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (179.2%), 688005's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688005 is paying a dividend but the company has no free cash flows.