Satellite ChemicalLtd Dividends and Buybacks
Dividend criteria checks 5/6
Satellite ChemicalLtd is a dividend paying company with a current yield of 2.3% that is well covered by earnings.
Key information
2.3%
Dividend yield
0.003%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 17.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Satellite ChemicalLtd (SZSE:002648) Has A Pretty Healthy Balance Sheet
Dec 18
At CN¥18.85, Is Satellite Chemical Co.,Ltd. (SZSE:002648) Worth Looking At Closely?
Nov 11Satellite Chemical Co.,Ltd. (SZSE:002648) Doing What It Can To Lift Shares
Oct 13Is Satellite ChemicalLtd (SZSE:002648) A Risky Investment?
Sep 13Lacklustre Performance Is Driving Satellite Chemical Co.,Ltd.'s (SZSE:002648) Low P/E
Jul 14Is There Now An Opportunity In Satellite Chemical Co.,Ltd. (SZSE:002648)?
Jun 13These 4 Measures Indicate That Satellite ChemicalLtd (SZSE:002648) Is Using Debt Reasonably Well
May 26Satellite Chemical Co.,Ltd. Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next
Apr 26Investors Still Aren't Entirely Convinced By Satellite Chemical Co.,Ltd.'s (SZSE:002648) Earnings Despite 25% Price Jump
Mar 04Satellite ChemicalLtd (SZSE:002648) Might Be Having Difficulty Using Its Capital Effectively
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002648's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002648's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Satellite ChemicalLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002648) | 2.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002648) (up to 3 years) | 4.3% |
Notable Dividend: 002648's dividend (2.3%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002648's dividend (2.3%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.6%), 002648's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.6%), 002648's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 00:11 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Satellite Chemical Co.,Ltd. is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuan Yuan Yu | BOCI Research Ltd. |
| Wenpo Ren | China Galaxy Securities Co., Ltd. |
| Kaiming Fu | China International Capital Corporation Limited |