Qingdao NovelBeam TechnologyLtd Dividend
Dividend criteria checks 3/6
Qingdao NovelBeam TechnologyLtd is a dividend paying company with a current yield of 1.74% that is well covered by earnings.
Key information
1.7%
Dividend yield
49%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.550 |
Earnings per share | CN¥1.13 |
Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
No updates
Recent updates
Some Investors May Be Worried About Qingdao NovelBeam TechnologyLtd's (SHSE:688677) Returns On Capital
Jul 03The Price Is Right For Qingdao NovelBeam Technology Co.,Ltd. (SHSE:688677) Even After Diving 26%
Apr 25Qingdao NovelBeam TechnologyLtd (SHSE:688677) Will Want To Turn Around Its Return Trends
Apr 02Stability 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) | 1.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Medical Equipment) | 1.7% |
Analyst forecast in 3 Years (688677) | 3.3% |
Notable Dividend: 688677's dividend (1.74%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 688677's dividend (1.74%) is low compared to the top 25% of dividend payers in the CN market (2.63%).
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 (55.9%), 688677's dividend payments are covered by cash flows.