Ningbo Homelink Eco-iTech Dividend
Dividend criteria checks 2/6
Ningbo Homelink Eco-iTech is a dividend paying company with a current yield of 1.45% that is well covered by earnings.
Key information
1.4%
Dividend yield
62%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.32 |
| Dividend yield forecast | 0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301193 has been paying a dividend for less than 10 years.
Growing Dividend: 301193's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Ningbo Homelink Eco-iTech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301193) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Consumer Durables) | 3.9% |
| Analyst forecast (301193) (up to 3 years) | 0% |
Notable Dividend: 301193's dividend (1.45%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 301193's dividend (1.45%) is low compared to the top 25% of dividend payers in the CN market (2.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62%), 301193's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301193 is paying a dividend but the company has no free cash flows.