Nanjing Kangni Mechanical & ElectricalLtd Dividend
Dividend criteria checks 3/6
Nanjing Kangni Mechanical & ElectricalLtd is a dividend paying company with a current yield of 3.27% that is well covered by earnings.
Key information
3.3%
Dividend yield
57%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.38 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603111 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603111's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Nanjing Kangni Mechanical & ElectricalLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603111) | 3.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603111) | n/a |
Notable Dividend: 603111's dividend (3.27%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603111's dividend (3.27%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.1%), 603111's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (384.1%), 603111's dividend payments are not well covered by cash flows.