Ningbo Shimao EnergyLtd Dividends and Buybacks
Dividend criteria checks 3/6
Ningbo Shimao EnergyLtd is a dividend paying company with a current yield of 3.36% that is well covered by earnings.
Key information
3.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -15.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 56% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605028 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605028 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Ningbo Shimao EnergyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605028) | 3.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Water Utilities) | 2.4% |
| Analyst forecast (605028) (up to 3 years) | n/a |
Notable Dividend: 605028's dividend (3.36%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605028's dividend (3.36%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.1%), 605028's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (526.4%), 605028's dividend payments are not well covered by cash flows.