Chongqing Sulian PlasticLtd Dividend
Dividend criteria checks 3/6
Chongqing Sulian PlasticLtd is a dividend paying company with a current yield of 2.98% that is well covered by earnings.
Key information
3.0%
Dividend yield
61%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.53 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301397's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301397's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Chongqing Sulian PlasticLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301397) | 3.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.3% |
Industry Average (Auto Components) | 1.6% |
Analyst forecast in 3 Years (301397) | n/a |
Notable Dividend: 301397's dividend (2.98%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 301397's dividend (2.98%) is in the top 25% of dividend payers in the CN market (2.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.3%), 301397's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301397 is paying a dividend but the company has no free cash flows.