Newonder Special ElectricLtd Dividend
Dividend criteria checks 2/6
Newonder Special ElectricLtd is a dividend paying company with a current yield of 0.65% that is well covered by earnings.
Key information
0.7%
Dividend yield
39%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.055 |
Earnings per share | CN¥0.15 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (301120) | 0.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (301120) | n/a |
Notable Dividend: 301120's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 301120's dividend (0.65%) is low compared to the top 25% of dividend payers in the CN market (2.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.7%), 301120's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63%), 301120's dividend payments are covered by cash flows.