Ningbo Henghe Precision IndustryLtd Dividend
Dividend criteria checks 3/6
Ningbo Henghe Precision IndustryLtd is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
53%
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¥0.15 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300539 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300539's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Ningbo Henghe Precision IndustryLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300539) | 0.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (300539) | n/a |
Notable Dividend: 300539's dividend (0.91%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 300539's dividend (0.91%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 300539's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.4%), 300539's dividend payments are covered by cash flows.