Polyrocks ChemicalLTD Dividend
Dividend criteria checks 2/6
Polyrocks ChemicalLTD is a dividend paying company with a current yield of 0.61% that is well covered by earnings.
Key information
0.6%
Dividend yield
19%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.06 |
| Dividend yield forecast in 3Y | 0.6% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688669 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688669 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Polyrocks ChemicalLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688669) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (688669) | 0.6% |
Notable Dividend: 688669's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688669's dividend (0.61%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.8%), 688669's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.9%), 688669's dividend payments are thoroughly covered by cash flows.