Nanjing Bestway Intelligent Control Technology Dividend
Dividend criteria checks 3/6
Nanjing Bestway Intelligent Control Technology is a dividend paying company with a current yield of 1.89% that is well covered by earnings.
Key information
1.9%
Dividend yield
40%
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¥1.72 |
| Dividend yield forecast in 3Y | 2.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301195's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301195's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Nanjing Bestway Intelligent Control Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301195) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (301195) | 2.9% |
Notable Dividend: 301195's dividend (1.89%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301195's dividend (1.89%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), 301195's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64%), 301195's dividend payments are covered by cash flows.