Yangzhou Chenhua New Material Dividend
What is Yangzhou Chenhua New Material current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Yangzhou Chenhua New Material Dividend Yield vs Market|
|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.