Ningbo Fuda Dividends and Buybacks
Dividend criteria checks 4/6
Ningbo Fuda is a dividend paying company with a current yield of 2.37%.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 18.3% |
| 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) | 2.4% |
| 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 (2.37%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600724's dividend (2.37%) is in the top 25% of dividend payers in the CN market (2.07%)
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 09:06 |
| End of Day Share Price | 2024/12/23 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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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
Ningbo Fuda Company Limited is covered by 5 analysts. 0 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 |
|---|---|
| Juan Cui | China Minzu Securities |
| Li Zhang | Everbright Securities Co. Ltd. |
| Haowu Chen | Everbright Securities Co. Ltd. |