Jiangsu HSC New Energy MaterialsLTD Dividend
Dividend criteria checks 2/6
Jiangsu HSC New Energy MaterialsLTD is a dividend paying company with a current yield of 3.1%.
Key information
3.1%
Dividend yield
182%
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¥0.30 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688353's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688353's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Jiangsu HSC New Energy MaterialsLTD Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688353) | 3.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.0% |
Analyst forecast in 3 Years (688353) | n/a |
Notable Dividend: 688353's dividend (3.1%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688353's dividend (3.1%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (181.7%), 688353's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688353 is paying a dividend but the company has no free cash flows.