Ningxia Building Materials GroupLtd Dividend
Dividend criteria checks 4/6
Ningxia Building Materials GroupLtd is a dividend paying company with a current yield of 2.31% that is well covered by earnings.
Key information
2.3%
Dividend yield
41%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.250 |
Earnings per share | CN¥0.58 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Benign 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 |
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Segment | Dividend Yield |
---|---|
Company (600449) | 2.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Basic Materials) | 3.1% |
Analyst forecast in 3 Years (600449) | 2.3% |
Notable Dividend: 600449's dividend (2.31%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600449's dividend (2.31%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), 600449's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.2%), 600449's dividend payments are thoroughly covered by cash flows.