Ningxia Building Materials GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Ningxia Building Materials GroupLtd is a dividend paying company with a current yield of 1.83% that is well covered by earnings.
Key information
1.8%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600449's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600449's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ningxia Building Materials GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600449) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Basic Materials) | 3.2% |
| Analyst forecast (600449) (up to 3 years) | 1.8% |
Notable Dividend: 600449's dividend (1.83%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 600449's dividend (1.83%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.5%), 600449's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30%), 600449's dividend payments are well covered by cash flows.