CNSIG Inner Mongolia Chemical Industry Co.,Ltd.

SHSE:600328 Stock Report

Market Cap: CN¥11.5b

CNSIG Inner Mongolia Chemical IndustryLtd Dividend

Dividend criteria checks 4/6

CNSIG Inner Mongolia Chemical IndustryLtd is a dividend paying company with a current yield of 3.52% that is well covered by earnings.

Key information

3.5%

Dividend yield

57%

Payout ratio

Industry average yield2.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.48
Dividend yield forecast in 3Y3.5%

Recent dividend updates

No updates

Recent updates

Is CNSIG Inner Mongolia Chemical IndustryLtd (SHSE:600328) Using Too Much Debt?

Apr 18
Is CNSIG Inner Mongolia Chemical IndustryLtd (SHSE:600328) Using Too Much Debt?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600328 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 600328's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

CNSIG Inner Mongolia Chemical IndustryLtd Dividend Yield vs Market
How does 600328 dividend yield compare to the market?
SegmentDividend Yield
Company (600328)3.5%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Chemicals)2.1%
Analyst forecast in 3 Years (600328)3.5%

Notable Dividend: 600328's dividend (3.52%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 600328's dividend (3.52%) is in the top 25% of dividend payers in the CN market (2.35%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (57.1%), 600328's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (52%), 600328's dividend payments are covered by cash flows.


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