Zhejiang Qianjiang Biochemical Dividend
Dividend criteria checks 3/6
Zhejiang Qianjiang Biochemical is a dividend paying company with a current yield of 0.65% that is well covered by earnings.
Key information
0.7%
Dividend yield
14%
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¥0.24 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600796's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600796's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zhejiang Qianjiang Biochemical Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600796) | 0.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (600796) | n/a |
Notable Dividend: 600796's dividend (0.65%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600796's dividend (0.65%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.8%), 600796's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600796 is paying a dividend but the company has no free cash flows.