North Chemical Industries Dividend
Dividend criteria checks 2/6
North Chemical Industries is a dividend paying company with a current yield of 0.61% that is well covered by earnings. Next payment date is on 9th July, 2024 with an ex-dividend date of 9th July, 2024.
Key information
0.6%
Dividend yield
78%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 09 Jul 24 |
Ex dividend date | 09 Jul 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.065 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002246's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002246's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
North Chemical Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (002246) | 0.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (002246) | n/a |
Notable Dividend: 002246's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 002246's dividend (0.61%) is low compared to the top 25% of dividend payers in the CN market (2.57%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.2%), 002246's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002246 is paying a dividend but the company has no free cash flows.