Shandong Pharmaceutical GlassLtd Dividend
Dividend criteria checks 5/6
Shandong Pharmaceutical GlassLtd is a dividend paying company with a current yield of 2.23% that is well covered by earnings.
Key information
2.2%
Dividend yield
54%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Earnings per share | CN¥1.30 |
| Dividend yield forecast | 2.2% |
Recent dividend updates
Recent updates
Returns On Capital At Shandong Pharmaceutical GlassLtd (SHSE:600529) Have Hit The Brakes
Aug 25
Calculating The Fair Value Of Shandong Pharmaceutical Glass Co.Ltd (SHSE:600529)
May 31The Returns At Shandong Pharmaceutical GlassLtd (SHSE:600529) Aren't Growing
May 13Shandong Pharmaceutical Glass Co.Ltd Just Recorded A 18% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600529's dividends per share have been stable in the past 10 years.
Growing Dividend: 600529's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Pharmaceutical GlassLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600529) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Medical Equipment) | 1.5% |
| Analyst forecast (600529) (up to 3 years) | 2.2% |
Notable Dividend: 600529's dividend (2.23%) is higher than the bottom 25% of dividend payers in the CN market (0.61%).
High Dividend: 600529's dividend (2.23%) is low compared to the top 25% of dividend payers in the CN market (2.34%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.6%), 600529's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62%), 600529's dividend payments are covered by cash flows.