Chengdu Hongqi ChainLtd Dividend
Dividend criteria checks 5/6
Chengdu Hongqi ChainLtd is a dividend paying company with a current yield of 2.92% that is well covered by earnings.
Key information
2.9%
Dividend yield
30%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.124 |
Earnings per share | CN¥0.42 |
Dividend yield forecast in 3Y | 2.9% |
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 (002697) | 2.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Consumer Retailing) | 2.1% |
Analyst forecast in 3 Years (002697) | 2.9% |
Notable Dividend: 002697's dividend (2.92%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002697's dividend (2.92%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.5%), 002697's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.9%), 002697's dividend payments are well covered by cash flows.