Tangshan Sanyou Chemical IndustriesLtd Dividend
Dividend criteria checks 4/6
Tangshan Sanyou Chemical IndustriesLtd is a dividend paying company with a current yield of 1.54% that is well covered by earnings.
Key information
1.5%
Dividend yield
23%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.083 |
Earnings per share | CN¥0.36 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
A Look At The Fair Value Of Tangshan Sanyou Chemical Industries Co.,Ltd (SHSE:600409)
Jul 20Investors Could Be Concerned With Tangshan Sanyou Chemical IndustriesLtd's (SHSE:600409) Returns On Capital
Jun 05At CN¥4.90, Is Tangshan Sanyou Chemical Industries Co.,Ltd (SHSE:600409) Worth Looking At Closely?
Mar 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600409's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600409's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tangshan Sanyou Chemical IndustriesLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600409) | 1.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.7% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (600409) | 2.4% |
Notable Dividend: 600409's dividend (1.54%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 600409's dividend (1.54%) is low compared to the top 25% of dividend payers in the CN market (2.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.1%), 600409's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.4%), 600409's dividend payments are thoroughly covered by cash flows.