Northking Information Technology Dividends and Buybacks
Dividend criteria checks 2/6
Northking Information Technology is a dividend paying company with a current yield of 0.87% that is well covered by earnings.
Key information
0.9%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 0% |
| Dividend Growth | 45.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.121 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Investors Could Be Concerned With Northking Information Technology's (SZSE:002987) Returns On Capital
Dec 01
Investors Still Aren't Entirely Convinced By Northking Information Technology Co., Ltd.'s (SZSE:002987) Earnings Despite 34% Price Jump
Oct 07Does Northking Information Technology (SZSE:002987) Have A Healthy Balance Sheet?
Sep 20Northking Information Technology Co., Ltd.'s (SZSE:002987) Share Price Is Matching Sentiment Around Its Earnings
Aug 23Capital Allocation Trends At Northking Information Technology (SZSE:002987) Aren't Ideal
Jul 19Are Investors Undervaluing Northking Information Technology Co., Ltd. (SZSE:002987) By 37%?
Jun 09Northking Information Technology (SZSE:002987) Is Increasing Its Dividend To CN¥0.17
May 13Additional Considerations Required While Assessing Northking Information Technology's (SZSE:002987) Strong Earnings
Apr 21Here's What's Concerning About Northking Information Technology's (SZSE:002987) Returns On Capital
Mar 27Northking Information Technology Co., Ltd.'s (SZSE:002987) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Mar 04These 4 Measures Indicate That Northking Information Technology (SZSE:002987) Is Using Debt Reasonably Well
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002987 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002987's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Northking Information Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002987) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (IT) | 0.8% |
| Analyst forecast (002987) (up to 3 years) | 0% |
Notable Dividend: 002987's dividend (0.87%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002987's dividend (0.87%) is low compared to the top 25% of dividend payers in the CN market (2.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.7%), 002987's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (187.7%), 002987's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/16 05:46 |
| End of Day Share Price | 2025/01/16 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Northking Information Technology Co., Ltd. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jisha Zheng | China Merchants Securities Co. Ltd. |
| Lin Yang | Haitong International Research Limited |
| Matt Ma | Jefferies LLC |