Newonder Special ElectricLtd Dividend
Dividend criteria checks 1/6
Newonder Special ElectricLtd is a dividend paying company with a current yield of 0.6%.
Key information
0.6%
Dividend yield
107%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.055 |
| Earnings per share | CN¥0.052 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Earnings Troubles May Signal Larger Issues for Newonder Special ElectricLtd (SZSE:301120) Shareholders
Sep 04
Subdued Growth No Barrier To Newonder Special Electric Co.,Ltd. (SZSE:301120) With Shares Advancing 28%
May 28Newonder Special ElectricLtd (SZSE:301120) Is Reducing Its Dividend To CN¥0.055
May 24The Returns On Capital At Newonder Special ElectricLtd (SZSE:301120) Don't Inspire Confidence
Apr 17Optimistic Investors Push Newonder Special Electric Co.,Ltd. (SZSE:301120) Shares Up 54% But Growth Is Lacking
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301120 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301120 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Newonder Special ElectricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301120) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301120) (up to 3 years) | n/a |
Notable Dividend: 301120's dividend (0.6%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 301120's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (106.7%), 301120's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (102.1%), 301120's dividend payments are not well covered by cash flows.