Ningbo Fubang Jingye GroupLtd Dividends and Buybacks
Dividend criteria checks 1/6
Ningbo Fubang Jingye GroupLtd is a dividend paying company with a current yield of 2.12%.
Key information
2.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 124% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 600768's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 600768's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Ningbo Fubang Jingye GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600768) | 2.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (600768) (up to 3 years) | n/a |
Notable Dividend: 600768's dividend (2.12%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600768's dividend (2.12%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (123.7%), 600768's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600768 is paying a dividend but the company has no free cash flows.