Cangzhou Dahua Dividend
Dividend criteria checks 4/6
Cangzhou Dahua is a dividend paying company with a current yield of 1.32% that is well covered by earnings.
Key information
1.3%
Dividend yield
58%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.138 |
| Earnings per share | CN¥0.24 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600230's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600230's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cangzhou Dahua Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600230) | 1.3% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast (600230) (up to 3 years) | n/a |
Notable Dividend: 600230's dividend (1.32%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600230's dividend (1.32%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.7%), 600230's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.4%), 600230's dividend payments are thoroughly covered by cash flows.