Ningbo Boway Alloy Material Dividend
Dividend criteria checks 4/6
Ningbo Boway Alloy Material is a dividend paying company with a current yield of 2.88% that is well covered by earnings.
Key information
2.9%
Dividend yield
29%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.53 |
| Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
No updates
Recent updates
If EPS Growth Is Important To You, Ningbo Boway Alloy Material (SHSE:601137) Presents An Opportunity
Jun 10
Does This Valuation Of Ningbo Boway Alloy Material Company Limited (SHSE:601137) Imply Investors Are Overpaying?
May 27Investors Will Want Ningbo Boway Alloy Material's (SHSE:601137) Growth In ROCE To Persist
May 13We Think Ningbo Boway Alloy Material's (SHSE:601137) Profit Is Only A Baseline For What They Can Achieve
Apr 29Ningbo Boway Alloy Material Company Limited Just Recorded A 8.2% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 25Ningbo Boway Alloy Material Company Limited (SHSE:601137) Shares Fly 38% But Investors Aren't Buying For Growth
Mar 21Ningbo Boway Alloy Material (SHSE:601137) Has A Pretty Healthy Balance Sheet
Mar 17Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601137's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601137's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ningbo Boway Alloy Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601137) | 2.9% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Metals and Mining) | 2.4% |
| Analyst forecast in 3 Years (601137) | 5.1% |
Notable Dividend: 601137's dividend (2.88%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 601137's dividend (2.88%) is in the top 25% of dividend payers in the CN market (2.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.4%), 601137's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.2%), 601137's dividend payments are not well covered by cash flows.