Ninh Binh Phosphate Fertilizer Joint Stock Company
HNX:NFC Stock Report
Market Cap: ₫258.0b
Ninh Binh Phosphate Fertilizer Dividend
Dividend criteria checks 3/6
Ninh Binh Phosphate Fertilizer is a dividend paying company with a current yield of 7.93% that is well covered by earnings. Next payment date is on 30th May, 2024 with an ex-dividend date of 15th May, 2024.
Key information
7.9%
Dividend yield
79%
Payout ratio
Industry average yield
4.7%
Next dividend pay date
30 May 24
Ex dividend date
15 May 24
Dividend per share
n/a
Earnings per share
₫1.77k
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NFC has been paying a dividend for less than 10 years.
Growing Dividend: NFC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Ninh Binh Phosphate Fertilizer Dividend Yield vs Market
How does NFC dividend yield compare to the market?
Segment
Dividend Yield
Company (NFC)
7.9%
Market Bottom 25% (VN)
3.5%
Market Top 25% (VN)
8.7%
Industry Average (Chemicals)
4.7%
Analyst forecast in 3 Years (NFC)
n/a
Notable Dividend: NFC's dividend (7.93%) is higher than the bottom 25% of dividend payers in the VN market (3.49%).
High Dividend: NFC's dividend (7.93%) is low compared to the top 25% of dividend payers in the VN market (8.69%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.3%), NFC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.2%), NFC's dividend payments are well covered by cash flows.