Hubei Yihua Chemical Industry Dividend
Dividend criteria checks 4/6
Hubei Yihua Chemical Industry is a dividend paying company with a current yield of 3.23% that is well covered by earnings.
Key information
3.2%
Dividend yield
87%
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¥0.35 |
| Dividend yield forecast in 3Y | 3.4% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000422's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000422's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hubei Yihua Chemical Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (422) | 3.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (422) | 3.4% |
Notable Dividend: 000422's dividend (3.23%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 000422's dividend (3.23%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.9%), 000422's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000422 is paying a dividend but the company has no free cash flows.