Luxi Chemical Group Dividend
Dividend criteria checks 3/6
Luxi Chemical Group is a dividend paying company with a current yield of 5.62%.
Key information
5.6%
Dividend yield
230%
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¥0.56 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000830 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000830's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Luxi Chemical Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (830) | 5.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (830) | 3.4% |
Notable Dividend: 000830's dividend (5.62%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000830's dividend (5.62%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (229.8%), 000830's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.5%), 000830's dividend payments are covered by cash flows.