Northking Information Technology Dividends and Buybacks
Dividend criteria checks 2/6
Northking Information Technology is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| 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
Stability 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) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (IT) | 0.7% |
| Analyst forecast (002987) (up to 3 years) | 0% |
Notable Dividend: 002987's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002987's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
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 (187.3%), 002987's dividend payments are not well covered by cash flows.