NORINCO International Cooperation Dividend
Dividend criteria checks 4/6
NORINCO International Cooperation is a dividend paying company with a current yield of 0.97% that is well covered by earnings.
Key information
1.0%
Dividend yield
9%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.092 |
Earnings per share | CN¥0.99 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Recent updates
Is NORINCO International Cooperation (SZSE:000065) A Risky Investment?
Jul 31Is Now The Time To Look At Buying NORINCO International Cooperation Ltd. (SZSE:000065)?
May 27NORINCO International Cooperation Ltd.'s (SZSE:000065) Price Is Right But Growth Is Lacking
May 12We Think NORINCO International Cooperation (SZSE:000065) Can Stay On Top Of Its Debt
Apr 26NORINCO International Cooperation's (SZSE:000065) Solid Earnings May Rest On Weak Foundations
Apr 08Broker Revenue Forecasts For NORINCO International Cooperation Ltd. (SZSE:000065) Are Surging Higher
Apr 07NORINCO International Cooperation (SZSE:000065) May Have Issues Allocating Its Capital
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000065's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000065's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
NORINCO International Cooperation Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (000065) | 1.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Construction) | 3.5% |
Analyst forecast in 3 Years (000065) | 2.0% |
Notable Dividend: 000065's dividend (0.97%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 000065's dividend (0.97%) is low compared to the top 25% of dividend payers in the CN market (2.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.3%), 000065's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.7%), 000065's dividend payments are covered by cash flows.