Shanghai Aladdin Biochemical TechnologyLtd Dividend
Dividend criteria checks 2/6
Shanghai Aladdin Biochemical TechnologyLtd is a dividend paying company with a current yield of 1.87% that is well covered by earnings.
Key information
1.9%
Dividend yield
61%
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¥0.43 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688179 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688179's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Shanghai Aladdin Biochemical TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688179) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (688179) | n/a |
Notable Dividend: 688179's dividend (1.87%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688179's dividend (1.87%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.2%), 688179's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (130.2%), 688179's dividend payments are not well covered by cash flows.