Shandong Pharmaceutical GlassLtd Dividend
Dividend criteria checks 5/6
Shandong Pharmaceutical GlassLtd is a dividend paying company with a current yield of 1.42% that is well covered by earnings.
Key information
1.4%
Dividend yield
32%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.25 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
No updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (600529) | 1.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Medical Equipment) | 1.7% |
Analyst forecast in 3 Years (600529) | 2.3% |
Notable Dividend: 600529's dividend (1.42%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600529's dividend (1.42%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32%), 600529's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.9%), 600529's dividend payments are covered by cash flows.