Satellite ChemicalLtd Dividend
Dividend criteria checks 4/6
Satellite ChemicalLtd is a dividend paying company with a current yield of 2.47% that is well covered by earnings.
Key information
2.5%
Dividend yield
27%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.400 |
Earnings per share | CN¥1.49 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Lacklustre 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 |
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Segment | Dividend Yield |
---|---|
Company (002648) | 2.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (002648) | 4.5% |
Notable Dividend: 002648's dividend (2.47%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002648's dividend (2.47%) is low compared to the top 25% of dividend payers in the CN market (2.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.8%), 002648's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.2%), 002648's dividend payments are well covered by cash flows.