Ningbo Solartron TechnologyLtd Dividend
Dividend criteria checks 1/6
Ningbo Solartron TechnologyLtd is a dividend paying company with a current yield of 0.41% that is well covered by earnings.
Key information
0.4%
Dividend yield
18%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.28 |
Dividend yield forecast in 3Y | 2.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688299 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688299 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
Ningbo Solartron TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688299) | 0.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (688299) | 2.0% |
Notable Dividend: 688299's dividend (0.41%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 688299's dividend (0.41%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.8%), 688299's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688299 is paying a dividend but the company has no free cash flows.