Shanghai Chemspec Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Chemspec is a dividend paying company with a current yield of 0.79%.
Key information
0.8%
Dividend yield
-1.4%
Buyback Yield
| Total Shareholder Yield | -0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.066 |
| Payout ratio | -234% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688602's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688602's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shanghai Chemspec Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688602) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (688602) (up to 3 years) | n/a |
Notable Dividend: 688602's dividend (0.79%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688602's dividend (0.79%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: 688602 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.9%), 688602's dividend payments are covered by cash flows.