Dividend Yield: 3.2%

Noblelift Intelligent Equipment Ltd. offers a dividend yield of 3.25%, ranking in the top 25% of CN market payers, albeit with unreliable and volatile payments over the past decade. The payout ratio is low at 34.6%, suggesting coverage by earnings, but dividends are not supported by free cash flows. Recent earnings show stable net income growth to CNY 362.83 million for the first nine months of 2024, despite a slight revenue decline to CNY 5.15 billion year-over-year.

• Unlock comprehensive insights into our analysis of Noblelift Intelligent EquipmentLtd stock in this dividend report.

• In light of our recent valuation report, it seems possible that Noblelift Intelligent EquipmentLtd is trading behind its estimated value.

Ferrotec Holdings

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Ferrotec Holdings Corporation operates in semiconductor equipment-related and electronic device businesses both in Japan and internationally, with a market cap of ¥116.04 billion.

Operations: Ferrotec Holdings Corporation generates revenue from its Semiconductor Equipment Related Business, amounting to ¥140.12 billion, and its Electronic Device business, contributing ¥60.99 billion.

Dividend Yield: 4%

Ferrotec Holdings offers a dividend yield of 3.98%, placing it in the top 25% of JP market payers, though payments have been unreliable and volatile over the past decade. Despite a low payout ratio of 30%, dividends are not covered by free cash flows. Recent share repurchase plans aim to enhance capital efficiency and return profits to shareholders, with ¥500 million allocated for buybacks by March 2025, reflecting ongoing efforts to support shareholder value.

• Click to explore a detailed breakdown of our findings in Ferrotec Holdings' dividend report.

• Upon reviewing our latest valuation report, Ferrotec Holdings' share price might be too pessimistic.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SHSE:600575 SHSE:603611 and TSE:6890.

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