Zhejiang XinNong ChemicalLtd Dividend
Dividend criteria checks 1/6
Zhejiang XinNong ChemicalLtd is a dividend paying company with a current yield of 1.95%.
Key information
2.0%
Dividend yield
1,015%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.025 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002942 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002942's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Zhejiang XinNong ChemicalLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2942) | 2.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.0% |
Analyst forecast in 3 Years (2942) | n/a |
Notable Dividend: 002942's dividend (1.95%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 002942's dividend (1.95%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1015.4%), 002942's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002942 is paying a dividend but the company has no free cash flows.