Elite Color Environmental Resources Science & Technology Dividend
Dividend criteria checks 3/6
Elite Color Environmental Resources Science & Technology is a dividend paying company with a current yield of 4.45% that is well covered by earnings.
Key information
4.5%
Dividend yield
37%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.43 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002998 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002998's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Elite Color Environmental Resources Science & Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2998) | 4.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (2998) | n/a |
Notable Dividend: 002998's dividend (4.45%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002998's dividend (4.45%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.8%), 002998's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1211.3%), 002998's dividend payments are not well covered by cash flows.