Ningbo Boway Alloy Material Dividends and Buybacks
Dividend criteria checks 4/6
Ningbo Boway Alloy Material is a dividend paying company with a current yield of 2.45% that is well covered by earnings.
Key information
2.4%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 11.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Payout ratio | 25% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601137's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601137's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ningbo Boway Alloy Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601137) | 2.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (601137) (up to 3 years) | 5.2% |
Notable Dividend: 601137's dividend (2.45%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601137's dividend (2.45%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.6%), 601137's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601137 is paying a dividend but the company has no free cash flows.