Xinxiang Richful Lube AdditiveLtd Dividend
Dividend criteria checks 3/6
Xinxiang Richful Lube AdditiveLtd is a dividend paying company with a current yield of 2.74% that is well covered by earnings.
Key information
2.7%
Dividend yield
45%
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¥2.32 |
| Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Insufficient Growth At Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Hampers Share Price
Apr 24
Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Strong Profits May Be Masking Some Underlying Issues
Apr 02Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Analysts Are Reducing Their Forecasts For This Year
Mar 29Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Has A Rock Solid Balance Sheet
Mar 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300910 has been paying a dividend for less than 10 years.
Growing Dividend: 300910's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Xinxiang Richful Lube AdditiveLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300910) | 2.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (300910) | 4.3% |
Notable Dividend: 300910's dividend (2.74%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300910's dividend (2.74%) 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 (45.4%), 300910's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (205.1%), 300910's dividend payments are not well covered by cash flows.