Zhejiang Xinan Chemical Industrial GroupLtd Dividend
Dividend criteria checks 3/6
Zhejiang Xinan Chemical Industrial GroupLtd is a dividend paying company with a current yield of 8.37%.
Key information
8.4%
Dividend yield
326%
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¥0.11 |
| Dividend yield forecast in 3Y | 3.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600596's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600596's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Xinan Chemical Industrial GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600596) | 8.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (600596) | 3.8% |
Notable Dividend: 600596's dividend (8.37%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600596's dividend (8.37%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (325.9%), 600596's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600596 is paying a dividend but the company has no free cash flows.