Ningxia Baofeng Energy Group Dividends and Buybacks
Dividend criteria checks 3/6
Ningxia Baofeng Energy Group is a dividend paying company with a current yield of 2.62% that is well covered by earnings.
Key information
2.6%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 5.7% |
| Dividend Growth | 0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 41% |
Recent dividend and buyback updates
No updates
Recent updates
Is Ningxia Baofeng Energy Group (SHSE:600989) Using Too Much Debt?
Mar 26
Ningxia Baofeng Energy Group Co., Ltd. (SHSE:600989) Doing What It Can To Lift Shares
Feb 13Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) Intrinsic Value Is Potentially 54% Above Its Share Price
Jan 15Is Ningxia Baofeng Energy Group (SHSE:600989) A Risky Investment?
Dec 17Is There An Opportunity With Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) 47% Undervaluation?
Sep 02A Piece Of The Puzzle Missing From Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) Share Price
Jul 19Is There An Opportunity With Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) 36% Undervaluation?
May 28Investors Could Be Concerned With Ningxia Baofeng Energy Group's (SHSE:600989) Returns On Capital
May 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600989 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600989 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Ningxia Baofeng Energy Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600989) | 2.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (600989) (up to 3 years) | 5.7% |
Notable Dividend: 600989's dividend (2.62%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600989's dividend (2.62%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.7%), 600989's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600989 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/09 23:55 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
|
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| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Ningxia Baofeng Energy Group Co., Ltd. is covered by 14 analysts. 10 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 |
|---|---|
| Wenpo Ren | China Galaxy Securities Co., Ltd. |
| Kaiming Fu | China International Capital Corporation Limited |
| Zheng Zhou | China Merchants Securities Co. Ltd. |