Nanjing Securities Dividends and Buybacks
Dividend criteria checks 3/6
Nanjing Securities is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 18.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | 37% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601990 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601990 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Nanjing Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601990) | 0.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Capital Markets) | 1.1% |
| Analyst forecast (601990) (up to 3 years) | n/a |
Notable Dividend: 601990's dividend (0.91%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601990's dividend (0.91%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.9%), 601990's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.5%), 601990's dividend payments are thoroughly covered by cash flows.