Chengdu Shengbang SealsLtd Dividend
Dividend criteria checks 2/6
Chengdu Shengbang SealsLtd is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
30%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.442 |
Earnings per share | CN¥1.51 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Chengdu Shengbang SealsLtd's (SZSE:301233) Returns On Capital Not Reflecting Well On The Business
Jun 04There's No Escaping Chengdu Shengbang Seals Co.,Ltd.'s (SZSE:301233) Muted Earnings Despite A 27% Share Price Rise
Mar 06Returns On Capital Signal Tricky Times Ahead For Chengdu Shengbang SealsLtd (SZSE:301233)
Feb 28Stability 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) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (301233) | n/a |
Notable Dividend: 301233's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301233's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 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.