Ningbo Marine Dividend
Dividend criteria checks 4/6
Ningbo Marine is a dividend paying company with a current yield of 0.93% that is well covered by earnings.
Key information
0.9%
Dividend yield
44%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.069 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600798's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600798's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ningbo Marine Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600798) | 0.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Shipping) | 3.1% |
Analyst forecast in 3 Years (600798) | n/a |
Notable Dividend: 600798's dividend (0.93%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 600798's dividend (0.93%) is low compared to the top 25% of dividend payers in the CN market (2.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.7%), 600798's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.4%), 600798's dividend payments are thoroughly covered by cash flows.