Novogene Dividend
Dividend criteria checks 2/6
Novogene is a dividend paying company with a current yield of 0.35% that is well covered by earnings.
Key information
0.4%
Dividend yield
10%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.44 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688315 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688315 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Novogene Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688315) | 0.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Life Sciences) | 1.5% |
Analyst forecast in 3 Years (688315) | 1.4% |
Notable Dividend: 688315's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 688315's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.5%), 688315's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.1%), 688315's dividend payments are well covered by cash flows.