Novoray Dividends and Buybacks
Dividend criteria checks 3/6
Novoray is a dividend paying company with a current yield of 0.72% that is well covered by earnings.
Key information
0.7%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield | n/a |
Future Dividend Yield | 0.7% |
Dividend Growth | -2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.500 |
Payout ratio | 39% |
Recent dividend and buyback updates
No updates
Recent updates
Is Now The Time To Put Novoray (SHSE:688300) On Your Watchlist?
Nov 29Market Participants Recognise Novoray Corporation's (SHSE:688300) Earnings Pushing Shares 34% Higher
Oct 18These 4 Measures Indicate That Novoray (SHSE:688300) Is Using Debt Safely
Oct 16What Does Novoray Corporation's (SHSE:688300) Share Price Indicate?
Sep 26If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity
Aug 20Novoray's (SHSE:688300) Returns On Capital Not Reflecting Well On The Business
Jul 29What Novoray Corporation's (SHSE:688300) P/E Is Not Telling You
Jul 13Why Novoray Corporation (SHSE:688300) Could Be Worth Watching
Jun 19If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity
May 13Does Novoray (SHSE:688300) Have A Healthy Balance Sheet?
Apr 23Novoray's (SHSE:688300) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 01Earnings Miss: Novoray Corporation Missed EPS By 8.5% And Analysts Are Revising Their Forecasts
Mar 28Subdued Growth No Barrier To Novoray Corporation (SHSE:688300) With Shares Advancing 28%
Mar 01When Should You Buy Novoray Corporation (SHSE:688300)?
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688300 has been paying a dividend for less than 10 years.
Growing Dividend: 688300's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Novoray Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688300) | 0.7% |
Market Bottom 25% (CN) | 0.5% |
Market Top 25% (CN) | 2.1% |
Industry Average (Chemicals) | 1.7% |
Analyst forecast (688300) (up to 3 years) | 0.7% |
Notable Dividend: 688300's dividend (0.72%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688300's dividend (0.72%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), 688300's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.7%), 688300's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 07:41 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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 * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Novoray Corporation is covered by 8 analysts. 5 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 |
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Zheng Zhou | China Merchants Securities Co. Ltd. |
Chao Li | Citic Securities Co., Ltd. |
Zhaohua Wang | Everbright Securities Co. Ltd. |