Satellite ChemicalLtd Dividend
Dividend criteria checks 4/6
Satellite ChemicalLtd is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
26%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.52 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
Satellite 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 |
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Segment | Dividend Yield |
---|---|
Company (2648) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (2648) | 4.1% |
Notable Dividend: 002648's dividend (2.18%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 002648's dividend (2.18%) is low compared to the top 25% of dividend payers in the CN market (2.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.5%), 002648's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.9%), 002648's dividend payments are well covered by cash flows.