NARI Technology Dividend
Dividend criteria checks 4/6
NARI Technology is a dividend paying company with a current yield of 1.03% that is well covered by earnings.
Key information
1.0%
Dividend yield
72%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.270 |
| Earnings per share | CN¥0.92 |
| Dividend yield forecast | 2.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600406's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600406's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| NARI Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600406) | 1.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast (600406) (up to 3 years) | 2.7% |
Notable Dividend: 600406's dividend (1.03%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 600406's dividend (1.03%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.3%), 600406's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.7%), 600406's dividend payments are well covered by cash flows.