Salvo Chemical Industry Dividend
Dividend criteria checks 1/6
Salvo Chemical Industry is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
28%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳1.80 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SALVOCHEM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SALVOCHEM's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Salvo Chemical Industry Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SALVOCHEM) | 0.8% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Chemicals) | 2.3% |
Analyst forecast in 3 Years (SALVOCHEM) | n/a |
Notable Dividend: SALVOCHEM's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: SALVOCHEM's dividend (0.8%) is low compared to the top 25% of dividend payers in the BD market (4.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.7%), SALVOCHEM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SALVOCHEM is paying a dividend but the company has no free cash flows.