Ningbo Dechang Electrical Machinery Made Dividend
Dividend criteria checks 3/6
Ningbo Dechang Electrical Machinery Made is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
36%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.350 |
Earnings per share | CN¥0.96 |
Dividend yield forecast in 3Y | 0% |
Recent dividend updates
No updates
Recent updates
An Intrinsic Calculation For Ningbo Dechang Electrical Machinery Made Co., Ltd. (SHSE:605555) Suggests It's 48% Undervalued
Jul 03Ningbo Dechang Electrical Machinery Made (SHSE:605555) Is Reinvesting At Lower Rates Of Return
May 28Is Ningbo Dechang Electrical Machinery Made Co., Ltd. (SHSE:605555) Trading At A 38% Discount?
Mar 22Stability 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 2 years.
Dividend Yield vs Market
Ningbo Dechang Electrical Machinery Made Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (605555) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Consumer Durables) | 4.0% |
Analyst forecast in 3 Years (605555) | 0% |
Notable Dividend: 605555's dividend (2.24%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 605555's dividend (2.24%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), 605555's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.2%), 605555's dividend payments are covered by cash flows.