Sunlour PigmentLtd Dividend
Dividend criteria checks 3/6
Sunlour PigmentLtd is a dividend paying company with a current yield of 1% that is well covered by earnings. Next payment date is on 8th August, 2024 with an ex-dividend date of 8th August, 2024.
Key information
1.0%
Dividend yield
45%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | 08 Aug 24 |
Ex dividend date | 08 Aug 24 |
Dividend per share | CN¥0.300 |
Earnings per share | CN¥0.66 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301036 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301036 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Sunlour PigmentLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301036) | 1.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (301036) | n/a |
Notable Dividend: 301036's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 301036's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.4%), 301036's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.1%), 301036's dividend payments are thoroughly covered by cash flows.