Tibet GaoZheng Explosive Dividend
Dividend criteria checks 2/6
Tibet GaoZheng Explosive is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
41%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.37 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002827 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002827 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Tibet GaoZheng Explosive Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2827) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast in 3 Years (2827) | n/a |
Notable Dividend: 002827's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002827's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41%), 002827's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002827 is paying a dividend but the company has no free cash flows.