Qingdao NovelBeam TechnologyLtd Dividend
Dividend criteria checks 3/6
Qingdao NovelBeam TechnologyLtd is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
49%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.13 |
Dividend yield forecast in 3Y | 2.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688677 has been paying a dividend for less than 10 years.
Growing Dividend: 688677's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Qingdao NovelBeam TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688677) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Medical Equipment) | 1.5% |
Analyst forecast in 3 Years (688677) | 2.2% |
Notable Dividend: 688677's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 688677's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.1%), 688677's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.8%), 688677's dividend payments are covered by cash flows.