Ningbo Sunrise Elc TechnologyLtd Dividend
Dividend criteria checks 3/6
Ningbo Sunrise Elc TechnologyLtd is a dividend paying company with a current yield of 2.72% that is well covered by earnings.
Key information
2.7%
Dividend yield
41%
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¥0.97 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Ningbo Sunrise Elc TechnologyLtd's (SZSE:002937) Solid Earnings May Rest On Weak Foundations
Apr 23
Ningbo Sunrise Elc Technology Co.,Ltd's (SZSE:002937) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Mar 07These 4 Measures Indicate That Ningbo Sunrise Elc TechnologyLtd (SZSE:002937) Is Using Debt Safely
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002937 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002937's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Ningbo Sunrise Elc TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2937) | 2.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (2937) | 1.6% |
Notable Dividend: 002937's dividend (2.72%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002937's dividend (2.72%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.2%), 002937's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.2%), 002937's dividend payments are not well covered by cash flows.