Orinko Advanced PlasticsLTD Dividend
Dividend criteria checks 2/6
Orinko Advanced PlasticsLTD is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
26%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.38 |
Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688219 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688219 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
Orinko Advanced PlasticsLTD Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688219) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (688219) | 1.1% |
Notable Dividend: 688219's dividend (1.12%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 688219's dividend (1.12%) is low compared to the top 25% of dividend payers in the CN market (2.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.7%), 688219's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1039.2%), 688219's dividend payments are not well covered by cash flows.