Ningxia Building Materials GroupLtd Dividend
Dividend criteria checks 4/6
Ningxia Building Materials GroupLtd is a dividend paying company with a current yield of 2.08% that is well covered by earnings.
Key information
2.1%
Dividend yield
41%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.58 |
Dividend yield forecast in 3Y | 2.1% |
Recent dividend 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) | 2.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Basic Materials) | 3.0% |
Analyst forecast in 3 Years (600449) | 2.1% |
Notable Dividend: 600449's dividend (2.08%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 600449's dividend (2.08%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), 600449's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.2%), 600449's dividend payments are thoroughly covered by cash flows.