Neway CNC Equipment (Suzhou) Dividend
Dividend criteria checks 3/6
Neway CNC Equipment (Suzhou) is a dividend paying company with a current yield of 4.05% that is well covered by earnings.
Key information
4.1%
Dividend yield
62%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.600 |
Earnings per share | CN¥0.97 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
No updates
Recent updates
Neway CNC Equipment (Suzhou) (SHSE:688697) Seems To Use Debt Quite Sensibly
Jul 03Lacklustre Performance Is Driving Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Low P/E
Jun 07Neway CNC Equipment (Suzhou)'s (SHSE:688697) Solid Earnings May Rest On Weak Foundations
Apr 01Analysts Have Lowered Expectations For Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697) After Its Latest Results
Mar 30Calculating The Intrinsic Value Of Neway CNC Equipment (Suzhou) Co., Ltd. (SHSE:688697)
Mar 22Neway CNC Equipment (Suzhou) Co., Ltd.'s (SHSE:688697) Shares Bounce 33% But Its Business Still Trails The Market
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688697 has been paying a dividend for less than 10 years.
Growing Dividend: 688697's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Neway CNC Equipment (Suzhou) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (688697) | 4.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (688697) | 5.3% |
Notable Dividend: 688697's dividend (4.05%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 688697's dividend (4.05%) is in the top 25% of dividend payers in the CN market (2.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.3%), 688697's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (110.8%), 688697's dividend payments are not well covered by cash flows.