NORINCO International Cooperation Dividend
Dividend criteria checks 4/6
NORINCO International Cooperation is a dividend paying company with a current yield of 0.87% that is well covered by earnings. Next payment date is on 21st June, 2024 with an ex-dividend date of 21st June, 2024.
Key information
0.9%
Dividend yield
9%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | 21 Jun 24 |
Ex dividend date | 21 Jun 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.99 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Stability 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 (65) | 0.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Construction) | 3.3% |
Analyst forecast in 3 Years (65) | 1.8% |
Notable Dividend: 000065's dividend (0.87%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 000065's dividend (0.87%) is low compared to the top 25% of dividend payers in the CN market (2.44%).
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.