Guangzhou Jointas Chemical Dividend
Dividend criteria checks 1/6
Guangzhou Jointas Chemical is a dividend paying company with a current yield of 1.36%.
Key information
1.4%
Dividend yield
-5,688%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Earnings per share | -CN¥0.00085 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002909 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002909 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Guangzhou Jointas Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002909) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast in 3 Years (002909) | n/a |
Notable Dividend: 002909's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002909's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: 002909 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 002909 is paying a dividend but the company has no free cash flows.