Hailir Pesticides and Chemicals GroupLtd Dividend
Dividend criteria checks 4/6
Hailir Pesticides and Chemicals GroupLtd is a dividend paying company with a current yield of 6.42% that is well covered by earnings.
Key information
6.4%
Dividend yield
72%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.39 |
Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603639 has been paying a dividend for less than 10 years.
Growing Dividend: 603639's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Hailir Pesticides and Chemicals GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603639) | 6.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.0% |
Analyst forecast in 3 Years (603639) | 3.1% |
Notable Dividend: 603639's dividend (6.42%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603639's dividend (6.42%) 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 (72%), 603639's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.8%), 603639's dividend payments are covered by cash flows.