Ningbo Peacebird FashionLtd Dividend
Dividend criteria checks 4/6
Ningbo Peacebird FashionLtd is a dividend paying company with a current yield of 5.18% that is well covered by earnings.
Key information
5.2%
Dividend yield
82%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Earnings per share | CN¥0.72 |
| Dividend yield forecast | 4.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603877 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603877's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Ningbo Peacebird FashionLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603877) | 5.2% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Luxury) | 3.6% |
| Analyst forecast (603877) (up to 3 years) | 4.2% |
Notable Dividend: 603877's dividend (5.18%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 603877's dividend (5.18%) is in the top 25% of dividend payers in the CN market (2.77%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.4%), 603877's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.7%), 603877's dividend payments are well covered by cash flows.