Jilin Joinature PolymerLtd Dividend
Dividend criteria checks 2/6
Jilin Joinature PolymerLtd is a dividend paying company with a current yield of 0.85% that is well covered by earnings.
Key information
0.8%
Dividend yield
46%
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¥0.38 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688716's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688716's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Jilin Joinature PolymerLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688716) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (688716) | n/a |
Notable Dividend: 688716's dividend (0.85%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 688716's dividend (0.85%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.3%), 688716's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688716 is paying a dividend but the company has no free cash flows.