Noblelift Intelligent EquipmentLtd Dividend
Dividend criteria checks 3/6
Noblelift Intelligent EquipmentLtd is a dividend paying company with a current yield of 3.69% that is well covered by earnings.
Key information
3.7%
Dividend yield
34%
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¥1.82 |
Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603611 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603611's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Noblelift Intelligent EquipmentLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603611) | 3.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603611) | 5.0% |
Notable Dividend: 603611's dividend (3.69%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 603611's dividend (3.69%) is in the top 25% of dividend payers in the CN market (2.56%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.2%), 603611's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (666.3%), 603611's dividend payments are not well covered by cash flows.