Ningbo Ligong Environment And Energy TechnologyLtd Dividends and Buybacks
Dividend criteria checks 4/6
Ningbo Ligong Environment And Energy TechnologyLtd is a dividend paying company with a current yield of 5.86%.
Key information
5.9%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 5.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 12.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.780 |
| Payout ratio | 152% |
Recent dividend and buyback updates
Recent updates
Stability 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) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002322) (up to 3 years) | n/a |
Notable Dividend: 002322's dividend (5.86%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002322's dividend (5.86%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (151.9%), 002322's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.3%), 002322's dividend payments are covered by cash flows.