Shanghai Chemspec Dividend
Dividend criteria checks 2/6
Shanghai Chemspec is a dividend paying company with a current yield of 0.64% that is well covered by earnings.
Key information
0.6%
Dividend yield
28%
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¥0.21 |
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 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) | 0.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.3% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (688602) | n/a |
Notable Dividend: 688602's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688602's dividend (0.64%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.7%), 688602's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.1%), 688602's dividend payments are well covered by cash flows.