Newonder Special ElectricLtd Dividends and Buybacks
Dividend criteria checks 2/6
Newonder Special ElectricLtd is a dividend paying company with a current yield of 0.55%.
Key information
0.6%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.055 |
| Payout ratio | 116% |
Recent dividend and buyback 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 3 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) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (301120) (up to 3 years) | n/a |
Notable Dividend: 301120's dividend (0.55%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 301120's dividend (0.55%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116.2%), 301120's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.5%), 301120's dividend payments are covered by cash flows.