Shandong Sunway Chemical Group Dividend
Dividend criteria checks 4/6
Shandong Sunway Chemical Group is a dividend paying company with a current yield of 3.54%.
Key information
3.5%
Dividend yield
104%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.39 |
| Dividend yield forecast | 8.0% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002469's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002469's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Sunway Chemical Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002469) | 3.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Energy Services) | 1.7% |
| Analyst forecast (002469) (up to 3 years) | 8.0% |
Notable Dividend: 002469's dividend (3.54%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002469's dividend (3.54%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (104.3%), 002469's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20%), 002469's dividend payments are well covered by cash flows.