Chengdu Shengbang SealsLtd Dividend
Dividend criteria checks 2/6
Chengdu Shengbang SealsLtd is a dividend paying company with a current yield of 1.11% that is well covered by earnings.
Key information
1.1%
Dividend yield
33%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.37 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301233's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301233's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Chengdu Shengbang SealsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301233) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast in 3 Years (301233) | n/a |
Notable Dividend: 301233's dividend (1.11%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 301233's dividend (1.11%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.7%), 301233's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (190.4%), 301233's dividend payments are not well covered by cash flows.