Orinko Advanced PlasticsLTD Dividend
Dividend criteria checks 2/6
Orinko Advanced PlasticsLTD is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
26%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.100 |
Earnings per share | CN¥0.40 |
Dividend yield forecast | 1.2% |
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 4 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) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Chemicals) | 1.8% |
Analyst forecast (688219) (up to 3 years) | 1.2% |
Notable Dividend: 688219's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 688219's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
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: 688219 is paying a dividend but the company has no free cash flows.