Ningbo Dechang Electrical Machinery Made Co., Ltd.

SHSE:605555 Stock Report

Market Cap: CN¥7.0b

Ningbo Dechang Electrical Machinery Made Dividends and Buybacks

Dividend criteria checks 2/6

Ningbo Dechang Electrical Machinery Made is a dividend paying company with a current yield of 1.86% that is well covered by earnings.

Key information

1.9%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield1.9%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.350
Payout ratio36%

Recent dividend and buyback updates

No updates

Recent updates

Ningbo Dechang Electrical Machinery Made's (SHSE:605555) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 04
Ningbo Dechang Electrical Machinery Made's (SHSE:605555) Shareholders May Want To Dig Deeper Than Statutory Profit

An Intrinsic Calculation For Ningbo Dechang Electrical Machinery Made Co., Ltd. (SHSE:605555) Suggests It's 48% Undervalued

Jul 03
An Intrinsic Calculation For Ningbo Dechang Electrical Machinery Made Co., Ltd. (SHSE:605555) Suggests It's 48% Undervalued

Ningbo Dechang Electrical Machinery Made (SHSE:605555) Is Reinvesting At Lower Rates Of Return

May 28
Ningbo Dechang Electrical Machinery Made (SHSE:605555) Is Reinvesting At Lower Rates Of Return

Is Ningbo Dechang Electrical Machinery Made Co., Ltd. (SHSE:605555) Trading At A 38% Discount?

Mar 22
Is Ningbo Dechang Electrical Machinery Made Co., Ltd. (SHSE:605555) Trading At A 38% Discount?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 605555 has been paying a dividend for less than 10 years.

Growing Dividend: 605555's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Ningbo Dechang Electrical Machinery Made Dividend Yield vs Market
How does 605555 dividend yield compare to the market?
SegmentDividend Yield
Company (605555)1.9%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Consumer Durables)3.5%
Analyst forecast (605555) (up to 3 years)1.9%

Notable Dividend: 605555's dividend (1.86%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 605555's dividend (1.86%) is low compared to the top 25% of dividend payers in the CN market (2.08%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.1%), 605555's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 605555 is paying a dividend but the company has no free cash flows.


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