Ningxia Building Materials GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Ningxia Building Materials GroupLtd is a dividend paying company with a current yield of 1.75% that is well covered by earnings.
Key information
1.7%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 6.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Recent updates
We Think Ningxia Building Materials GroupLtd (SHSE:600449) Can Stay On Top Of Its Debt
Nov 25
Market Might Still Lack Some Conviction On Ningxia Building Materials Group Co.,Ltd (SHSE:600449) Even After 29% Share Price Boost
Sep 27Benign Growth For Ningxia Building Materials Group Co.,Ltd (SHSE:600449) Underpins Its Share Price
Jul 24Ningxia Building Materials GroupLtd (SHSE:600449) Seems To Use Debt Quite Sensibly
May 28Ningxia Building Materials GroupLtd's (SHSE:600449) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 30Why Investors Shouldn't Be Surprised By Ningxia Building Materials Group Co.,Ltd's (SHSE:600449) 26% Share Price Surge
Mar 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600449's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600449's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ningxia Building Materials GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600449) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Basic Materials) | 3.2% |
| Analyst forecast (600449) (up to 3 years) | 1.7% |
Notable Dividend: 600449's dividend (1.75%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600449's dividend (1.75%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.5%), 600449's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30%), 600449's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:59 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ningxia Building Materials Group Co.,Ltd is covered by 14 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wenjie Xie | AJ Securities Co., Ltd |
| Pan Li | BOCI Research Ltd. |
| Yong Chao Xu | China Minzu Securities |