Noblelift Intelligent EquipmentLtd Dividends and Buybacks
Dividend criteria checks 4/6
Noblelift Intelligent EquipmentLtd is a dividend paying company with a current yield of 3.02% that is well covered by earnings.
Key information
3.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 10.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.622 |
| Payout ratio | 35% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603611's dividend payments have been volatile in the past 10 years.
Growing Dividend: 603611's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Noblelift Intelligent EquipmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603611) | 3.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603611) (up to 3 years) | 3.6% |
Notable Dividend: 603611's dividend (3.02%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603611's dividend (3.02%) is in the top 25% of dividend payers in the CN market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.6%), 603611's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603611 is paying a dividend but the company has no free cash flows.