Yangzhou Chenhua New Material

SZSE:300610 Stock Report

Mkt Cap: CN¥3.2b

Yangzhou Chenhua New Material Dividend

What is Yangzhou Chenhua New Material current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.28%

Current Dividend Yield

Dividend Yield vs Market

Yangzhou Chenhua New Material Dividend Yield vs Market
How does 300610 dividend yield compare to the market?
SegmentDividend Yield
Company (300610)2.3%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.8%
Analyst forecast in 3 Years (300610)n/a

Notable Dividend: 300610's dividend (2.28%) is higher than the bottom 25% of dividend payers in the CN market (0.52%).

High Dividend: 300610's dividend (2.28%) is in the top 25% of dividend payers in the CN market (2.13%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 300610 has been paying a dividend for less than 10 years.

Growing Dividend: 300610's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (46.7%), 300610's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (69.6%), 300610's dividend payments are covered by cash flows.


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