Ningbo Color Master Batch Dividends and Buybacks
Dividend criteria checks 1/6
Ningbo Color Master Batch is a dividend paying company with a current yield of 1.92%.
Key information
1.9%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.285 |
| Payout ratio | 0% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301019 has been paying a dividend for less than 10 years.
Growing Dividend: 301019's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Ningbo Color Master Batch Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301019) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (301019) (up to 3 years) | n/a |
Notable Dividend: 301019's dividend (1.92%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301019's dividend (1.92%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: Unable to calculate sustainability of dividends as 301019 has not reported any payouts.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (182.1%), 301019's dividend payments are not well covered by cash flows.