Ningbo Ligong Environment And Energy TechnologyLtd Dividend
Dividend criteria checks 4/6
Ningbo Ligong Environment And Energy TechnologyLtd is a dividend paying company with a current yield of 5.92%.
Key information
5.9%
Dividend yield
121%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.850 |
Earnings per share | CN¥0.74 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Ningbo Ligong Environment And Energy Technology Co.,Ltd's (SZSE:002322) Shares Lagging The Market But So Is The Business
Jul 16We Ran A Stock Scan For Earnings Growth And Ningbo Ligong Environment And Energy TechnologyLtd (SZSE:002322) Passed With Ease
Jun 05Returns On Capital Signal Difficult Times Ahead For Ningbo Ligong Environment And Energy TechnologyLtd (SZSE:002322)
Apr 03Ningbo Ligong Environment And Energy Technology Co.,Ltd's (SZSE:002322) Shares Climb 31% But Its Business Is Yet to Catch Up
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002322's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002322's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ningbo Ligong Environment And Energy TechnologyLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (002322) | 5.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (002322) | n/a |
Notable Dividend: 002322's dividend (5.92%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002322's dividend (5.92%) is in the top 25% of dividend payers in the CN market (2.62%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (121%), 002322's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.1%), 002322's dividend payments are covered by cash flows.