Chengdu Hongqi ChainLtd Dividend
Dividend criteria checks 5/6
Chengdu Hongqi ChainLtd is a dividend paying company with a current yield of 2.62% that is well covered by earnings.
Key information
2.6%
Dividend yield
29%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.43 |
Dividend yield forecast in 3Y | 2.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002697's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002697's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Chengdu Hongqi ChainLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2697) | 2.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Consumer Retailing) | 1.9% |
Analyst forecast in 3 Years (2697) | 2.8% |
Notable Dividend: 002697's dividend (2.62%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 002697's dividend (2.62%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.8%), 002697's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15%), 002697's dividend payments are well covered by cash flows.