Ningbo Ronbay New Energy TechnologyLtd Dividends and Buybacks
Dividend criteria checks 1/6
Ningbo Ronbay New Energy TechnologyLtd is a dividend paying company with a current yield of 0.83%.
Key information
0.8%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 49.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.303 |
| Payout ratio | 179% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688005 has been paying a dividend for less than 10 years.
Growing Dividend: 688005's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Ningbo Ronbay New Energy TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688005) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (688005) (up to 3 years) | 1.1% |
Notable Dividend: 688005's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688005's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (179.2%), 688005's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688005 is paying a dividend but the company has no free cash flows.