Chengdu Hongqi ChainLtd Dividends and Buybacks
Dividend criteria checks 5/6
Chengdu Hongqi ChainLtd is a dividend paying company with a current yield of 2.19% that is well covered by earnings.
Key information
2.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 26.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.124 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002697) | 2.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Consumer Retailing) | 1.9% |
| Analyst forecast (002697) (up to 3 years) | 2.2% |
Notable Dividend: 002697's dividend (2.19%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002697's dividend (2.19%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31%), 002697's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13%), 002697's dividend payments are thoroughly covered by cash flows.