Ningxia Baofeng Energy Group Dividends and Buybacks
Dividend criteria checks 2/6
Ningxia Baofeng Energy Group is a dividend paying company with a current yield of 1.76% that is well covered by earnings.
Key information
1.8%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | -26.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.280 |
| Payout ratio | 32% |
Recent dividend and buyback updates
No updates
Recent updates
Is There An Opportunity With Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) 47% Undervaluation?
Sep 02
A 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 13Earnings Miss: Ningxia Baofeng Energy Group Co., Ltd. Missed EPS By 7.6% And Analysts Are Revising Their Forecasts
Mar 24Is Ningxia Baofeng Energy Group (SHSE:600989) Using Too Much Debt?
Mar 20Stability 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 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Ningxia Baofeng Energy Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600989) | 1.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (600989) (up to 3 years) | 3.7% |
Notable Dividend: 600989's dividend (1.76%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600989's dividend (1.76%) is low compared to the top 25% of dividend payers in the CN market (2.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.4%), 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.