Ningbo ShanshanLtd Dividend
Dividend criteria checks 3/6
Ningbo ShanshanLtd is a dividend paying company with a current yield of 1.99% that is well covered by earnings.
Key information
2.0%
Dividend yield
26%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.10 |
Dividend yield forecast | 2.9% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OJ8's dividend payments have been volatile in the past 10 years.
Growing Dividend: OJ8's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ningbo ShanshanLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (OJ8) | 2.0% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.8% |
Industry Average (Chemicals) | 4.7% |
Analyst forecast (OJ8) (up to 3 years) | 2.9% |
Notable Dividend: OJ8's dividend (1.99%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: OJ8's dividend (1.99%) is low compared to the top 25% of dividend payers in the German market (5.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.1%), OJ8's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: OJ8 is paying a dividend but the company has no free cash flows.