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 4.6% that is well covered by earnings.
Key information
4.6%
Dividend yield
41%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.500 |
Earnings per share | CN¥1.21 |
Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603639 has been paying a dividend for less than 10 years and during this time payments have been volatile.
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) | 4.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (603639) | 2.9% |
Notable Dividend: 603639's dividend (4.6%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603639's dividend (4.6%) is in the top 25% of dividend payers in the CN market (2.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.3%), 603639's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.4%), 603639's dividend payments are covered by cash flows.