Ningbo CixingLtd Dividends and Buybacks
Dividend criteria checks 4/6
Ningbo CixingLtd is a dividend paying company with a current yield of 2.38% that is well covered by earnings.
Key information
2.4%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Should You Be Adding Ningbo CixingLtd (SZSE:300307) To Your Watchlist Today?
Oct 24
Ningbo Cixing Co.,Ltd. (SZSE:300307) Shares Fly 51% But Investors Aren't Buying For Growth
Oct 08We Think Ningbo CixingLtd (SZSE:300307) Can Stay On Top Of Its Debt
Oct 01Ningbo Cixing Co.,Ltd. (SZSE:300307) Held Back By Insufficient Growth Even After Shares Climb 26%
May 13Impressive Earnings May Not Tell The Whole Story For Ningbo CixingLtd (SZSE:300307)
Apr 25Ningbo Cixing Co.,Ltd.'s (SZSE:300307) Shareholders Might Be Looking For Exit
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300307's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300307's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ningbo CixingLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300307) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (300307) (up to 3 years) | n/a |
Notable Dividend: 300307's dividend (2.38%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300307's dividend (2.38%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (25%), 300307's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300307 is paying a dividend but the company has no free cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:48 |
| End of Day Share Price | 2024/12/26 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 Cixing Co.,Ltd. is covered by 5 analysts. 0 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 |
|---|---|
| Jun Liu | Changjiang Securities Co. LTD. |
| Jin Ju Sun | Guotai Junan Securities |
| Ming Xuan Shi | Industrial Securities Co. Ltd. |