Ningbo Fuda Dividends and Buybacks
Dividend criteria checks 4/6
Ningbo Fuda is a dividend paying company with a current yield of 3.09%.
Key information
3.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 95% |
Recent dividend and buyback updates
No updates
Recent updates
Ningbo Fuda Company Limited's (SHSE:600724) Shares Climb 43% But Its Business Is Yet to Catch Up
Nov 11
Ningbo Fuda (SHSE:600724) Seems To Use Debt Quite Sensibly
Oct 21Investors Don't See Light At End Of Ningbo Fuda Company Limited's (SHSE:600724) Tunnel
Sep 26Weak Statutory Earnings May Not Tell The Whole Story For Ningbo Fuda (SHSE:600724)
Aug 29Ningbo Fuda Company Limited's (SHSE:600724) Business And Shares Still Trailing The Market
May 23Some Investors May Be Worried About Ningbo Fuda's (SHSE:600724) Returns On Capital
Apr 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600724's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600724's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ningbo Fuda Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600724) | 3.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Basic Materials) | 3.2% |
| Analyst forecast (600724) (up to 3 years) | n/a |
Notable Dividend: 600724's dividend (3.09%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600724's dividend (3.09%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.8%), 600724's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.8%), 600724's dividend payments are covered by cash flows.