Zhejiang Xinhua ChemicalLtd Dividend
Dividend criteria checks 2/6
Zhejiang Xinhua ChemicalLtd is a dividend paying company with a current yield of 1.93% that is well covered by earnings.
Key information
1.9%
Dividend yield
36%
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¥1.35 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603867 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603867's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Zhejiang Xinhua ChemicalLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603867) | 1.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.0% |
Analyst forecast in 3 Years (603867) | 2.6% |
Notable Dividend: 603867's dividend (1.93%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603867's dividend (1.93%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.7%), 603867's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603867 is paying a dividend but the company has no free cash flows.