Ningbo Fujia Industrial is a dividend paying company with a current yield of 2.09% that is well covered by earnings. Next payment date is on 8th July, 2024 with an ex-dividend date of 8th July, 2024.
Key information
2.1%
Dividend yield
57%
Payout ratio
Industry average yield
3.9%
Next dividend pay date
08 Jul 24
Ex dividend date
08 Jul 24
Dividend per share
n/a
Earnings per share
CN¥0.51
Dividend yield forecast in 3Y
2.6%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603219 has been paying a dividend for less than 10 years.
Growing Dividend: 603219's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Ningbo Fujia Industrial Dividend Yield vs Market
How does 603219 dividend yield compare to the market?
Segment
Dividend Yield
Company (603219)
2.1%
Market Bottom 25% (CN)
0.7%
Market Top 25% (CN)
2.6%
Industry Average (Consumer Durables)
3.9%
Analyst forecast in 3 Years (603219)
2.6%
Notable Dividend: 603219's dividend (2.09%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 603219's dividend (2.09%) is low compared to the top 25% of dividend payers in the CN market (2.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.3%), 603219's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.5%), 603219's dividend payments are covered by cash flows.