Nantong Acetic Acid Chemical Dividends and Buybacks
Dividend criteria checks 3/6
Nantong Acetic Acid Chemical is a dividend paying company with a current yield of 2.74%.
Key information
2.7%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 16.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.280 |
| Payout ratio | -46% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603968 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603968's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Nantong Acetic Acid Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603968) | 2.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (603968) (up to 3 years) | n/a |
Notable Dividend: 603968's dividend (2.74%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603968's dividend (2.74%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: 603968 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.9%), 603968's dividend payments are well covered by cash flows.