Ningbo Marine Dividend
Dividend criteria checks 3/6
Ningbo Marine is a dividend paying company with a current yield of 0.98%.
Key information
1.0%
Dividend yield
112%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.030 |
| Earnings per share | CN¥0.027 |
| Dividend yield forecast | 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600798) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Shipping) | 3.4% |
| Analyst forecast (600798) (up to 3 years) | n/a |
Notable Dividend: 600798's dividend (0.98%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 600798's dividend (0.98%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (112.2%), 600798's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.3%), 600798's dividend payments are thoroughly covered by cash flows.