Cachet Pharmaceutical Dividend
Dividend criteria checks 5/6
Cachet Pharmaceutical is a dividend paying company with a current yield of 2.44% that is well covered by earnings.
Key information
2.4%
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¥0.88 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002462's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002462's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cachet Pharmaceutical Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2462) | 2.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Healthcare) | 1.7% |
Analyst forecast in 3 Years (2462) | 3.0% |
Notable Dividend: 002462's dividend (2.44%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002462's dividend (2.44%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), 002462's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.3%), 002462's dividend payments are thoroughly covered by cash flows.