Ningbo Yongxin OpticsLtd Dividend
Dividend criteria checks 2/6
Ningbo Yongxin OpticsLtd is a dividend paying company with a current yield of 1.53% that is well covered by earnings.
Key information
1.5%
Dividend yield
45%
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¥2.10 |
| Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Estimating The Fair Value Of Ningbo Yongxin Optics Co.,Ltd (SHSE:603297)
Jun 26
Ningbo Yongxin OpticsLtd's (SHSE:603297) Dividend Will Be Reduced To CN¥0.955
Jun 03Is Ningbo Yongxin OpticsLtd (SHSE:603297) Using Too Much Debt?
May 25Why Ningbo Yongxin OpticsLtd's (SHSE:603297) Shaky Earnings Are Just The Beginning Of Its Problems
May 03Newsflash: Ningbo Yongxin Optics Co.,Ltd (SHSE:603297) Analysts Have Been Trimming Their Revenue Forecasts
Apr 30If EPS Growth Is Important To You, Ningbo Yongxin OpticsLtd (SHSE:603297) Presents An Opportunity
Apr 11Earnings Not Telling The Story For Ningbo Yongxin Optics Co.,Ltd (SHSE:603297) After Shares Rise 25%
Mar 07Capital Allocation Trends At Ningbo Yongxin OpticsLtd (SHSE:603297) Aren't Ideal
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603297 has been paying a dividend for less than 10 years.
Growing Dividend: 603297's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Ningbo Yongxin OpticsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603297) | 1.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (603297) | 1.8% |
Notable Dividend: 603297's dividend (1.53%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 603297's dividend (1.53%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), 603297's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603297 is paying a dividend but the company has no free cash flows.