Longxing Chemical Stock Dividends and Buybacks
Dividend criteria checks 4/6
Longxing Chemical Stock is a dividend paying company with a current yield of 2.25% that is well covered by earnings.
Key information
2.3%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 16.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Longxing Chemical Stock Co., Ltd.'s (SZSE:002442) Prospects Need A Boost To Lift Shares
Sep 30
Why Longxing Chemical Stock's (SZSE:002442) Earnings Are Better Than They Seem
May 06Capital Allocation Trends At Longxing Chemical Stock (SZSE:002442) Aren't Ideal
Apr 30A Piece Of The Puzzle Missing From Longxing Chemical Stock Co., Ltd.'s (SZSE:002442) 27% Share Price Climb
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002442's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002442's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Longxing Chemical Stock Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002442) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002442) (up to 3 years) | n/a |
Notable Dividend: 002442's dividend (2.25%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002442's dividend (2.25%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.4%), 002442's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002442 is paying a dividend but the company has no free cash flows.