Ningbo TechmationLtd Dividend
Dividend criteria checks 2/6
Ningbo TechmationLtd is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
55%
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¥0.16 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603015 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603015 has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
Ningbo TechmationLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603015) | 0.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (603015) | n/a |
Notable Dividend: 603015's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603015's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55%), 603015's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.8%), 603015's dividend payments are well covered by cash flows.