Xinxiang Richful Lube AdditiveLtd Dividend
Dividend criteria checks 3/6
Xinxiang Richful Lube AdditiveLtd is a dividend paying company with a current yield of 3.66% that is well covered by earnings.
Key information
3.7%
Dividend yield
55%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.300 |
| Earnings per share | CN¥2.36 |
| Dividend yield forecast | 5.8% |
Recent dividend updates
Recent updates
Why Investors Shouldn't Be Surprised By Xinxiang Richful Lube Additive Co.,Ltd.'s (SZSE:300910) Low P/E
Jul 30
Is Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Worth CN¥41.8 Based On Its Intrinsic Value?
Jul 13Why The 22% Return On Capital At Xinxiang Richful Lube AdditiveLtd (SZSE:300910) Should Have Your Attention
Jun 19Insufficient Growth At Xinxiang Richful Lube Additive Co.,Ltd. (SZSE:300910) Hampers Share Price
Apr 24Xinxiang 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) | 3.7% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast (300910) (up to 3 years) | 5.8% |
Notable Dividend: 300910's dividend (3.66%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 300910's dividend (3.66%) is in the top 25% of dividend payers in the CN market (2.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.3%), 300910's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (955.5%), 300910's dividend payments are not well covered by cash flows.