Ningbo Exciton Technology Dividend
Dividend criteria checks 2/6
Ningbo Exciton Technology is a dividend paying company with a current yield of 0.99% that is well covered by earnings.
Key information
1.0%
Dividend yield
24%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Earnings per share | CN¥0.63 |
| Dividend yield forecast in 3Y | 6.6% |
Recent dividend updates
Recent updates
Is There Now An Opportunity In Ningbo Exciton Technology Co., Ltd. (SZSE:300566)?
Jun 26
Ningbo Exciton Technology's (SZSE:300566) Strong Earnings Are Of Good Quality
Apr 26Here's What's Concerning About Ningbo Exciton Technology's (SZSE:300566) Returns On Capital
Apr 17A Look At The Fair Value Of Ningbo Exciton Technology Co., Ltd. (SZSE:300566)
Mar 27Earnings Not Telling The Story For Ningbo Exciton Technology Co., Ltd. (SZSE:300566) After Shares Rise 36%
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300566 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300566's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Ningbo Exciton Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300566) | 1.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast in 3 Years (300566) | 6.6% |
Notable Dividend: 300566's dividend (0.99%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300566's dividend (0.99%) is low compared to the top 25% of dividend payers in the CN market (2.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.9%), 300566's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (124.1%), 300566's dividend payments are not well covered by cash flows.