Ningxia Baofeng Energy Group Dividend
Dividend criteria checks 2/6
Ningxia Baofeng Energy Group is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
35%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.80 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
No updates
Recent updates
Is 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 |
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Segment | Dividend Yield |
---|---|
Company (600989) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (600989) | 3.9% |
Notable Dividend: 600989's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 600989's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), 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.