Ningbo Fuda Dividend
Dividend criteria checks 4/6
Ningbo Fuda is a dividend paying company with a current yield of 3.61%.
Key information
3.6%
Dividend yield
94%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.16 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability 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) | 3.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Basic Materials) | 2.1% |
| Analyst forecast in 3 Years (600724) | n/a |
Notable Dividend: 600724's dividend (3.61%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600724's dividend (3.61%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.2%), 600724's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.9%), 600724's dividend payments are covered by cash flows.