Ningbo Marine Company Limited

SHSE:600798 Stock Report

Market Cap: CN¥3.7b

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 yield3.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.030
Earnings per shareCN¥0.027
Dividend yield forecastn/a

Recent dividend updates

No updates

Recent updates

Ningbo Marine's (SHSE:600798) Problems Go Beyond Weak Profit

May 08
Ningbo Marine's (SHSE:600798) Problems Go Beyond Weak Profit

Investors Could Be Concerned With Ningbo Marine's (SHSE:600798) Returns On Capital

Apr 04
Investors Could Be Concerned With Ningbo Marine's (SHSE:600798) Returns On Capital

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
How does 600798 dividend yield compare to the market?
SegmentDividend 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.


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