Ningbo Fuda Dividend
Dividend criteria checks 4/6
Ningbo Fuda is a dividend paying company with a current yield of 4.11%.
Key information
4.1%
Dividend yield
92%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.150 |
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 |
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Segment | Dividend Yield |
---|---|
Company (600724) | 4.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Basic Materials) | 3.1% |
Analyst forecast in 3 Years (600724) | n/a |
Notable Dividend: 600724's dividend (4.11%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 600724's dividend (4.11%) is in the top 25% of dividend payers in the CN market (2.58%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92%), 600724's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.3%), 600724's dividend payments are covered by cash flows.