Shandong Hualu-Hengsheng Chemical Dividend
Dividend criteria checks 3/6
Shandong Hualu-Hengsheng Chemical is a dividend paying company with a current yield of 2.11% that is well covered by earnings.
Key information
2.1%
Dividend yield
33%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.82 |
| Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
No updates
Recent updates
Shandong Hualu-Hengsheng Chemical (SHSE:600426) May Have Issues Allocating Its Capital
Apr 18
Earnings Miss: Shandong Hualu-Hengsheng Chemical Co., Ltd. Missed EPS By 17% And Analysts Are Revising Their Forecasts
Apr 03Shandong Hualu-Hengsheng Chemical Co., Ltd. (SHSE:600426) Doing What It Can To Lift Shares
Apr 01We Think Shandong Hualu-Hengsheng Chemical (SHSE:600426) Is Taking Some Risk With Its Debt
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600426's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600426's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Hualu-Hengsheng Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600426) | 2.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (600426) | 2.9% |
Notable Dividend: 600426's dividend (2.11%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600426's dividend (2.11%) is low compared to the top 25% of dividend payers in the CN market (2.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.9%), 600426's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600426 is paying a dividend but the company has no free cash flows.