Ningbo Sunrise Elc TechnologyLtd Dividends and Buybacks
Dividend criteria checks 4/6
Ningbo Sunrise Elc TechnologyLtd is a dividend paying company with a current yield of 3.45% that is well covered by earnings.
Key information
3.5%
Dividend yield
-0.8%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 0% |
| Dividend Growth | 26.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Stability 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 6 years.
Dividend Yield vs Market
| Ningbo Sunrise Elc TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002937) | 3.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002937) (up to 3 years) | 0% |
Notable Dividend: 002937's dividend (3.45%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002937's dividend (3.45%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), 002937's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.1%), 002937's dividend payments are covered by cash flows.