Chongqing Polycomp International Dividend
Dividend criteria checks 2/6
Chongqing Polycomp International is a dividend paying company with a current yield of 0.72% that is well covered by earnings.
Key information
0.7%
Dividend yield
66%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.030 |
| Earnings per share | CN¥0.037 |
| Dividend yield forecast | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301526's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301526's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Chongqing Polycomp International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301526) | 0.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast (301526) (up to 3 years) | n/a |
Notable Dividend: 301526's dividend (0.72%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301526's dividend (0.72%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.8%), 301526's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301526 is paying a dividend but the company has no free cash flows.