Nancal TechnologyLtd Dividend
Dividend criteria checks 2/6
Nancal TechnologyLtd is a dividend paying company with a current yield of 0.37% that is well covered by earnings.
Key information
0.4%
Dividend yield
8%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0676 |
| Earnings per share | CN¥0.86 |
| Dividend yield forecast | 0.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603859 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603859 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Nancal TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603859) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (603859) (up to 3 years) | 0.7% |
Notable Dividend: 603859's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 603859's dividend (0.37%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.9%), 603859's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.2%), 603859's dividend payments are covered by cash flows.