Luxi Chemical Group Dividend
Dividend criteria checks 3/6
Luxi Chemical Group is a dividend paying company with a current yield of 1.11% that is well covered by earnings.
Key information
1.1%
Dividend yield
13%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.130 |
| Earnings per share | CN¥0.99 |
| Future Dividend Yield | 3.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000830 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000830 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Luxi Chemical Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000830) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (000830) (up to 3 years) | 3.5% |
Notable Dividend: 000830's dividend (1.11%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 000830's dividend (1.11%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), 000830's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.7%), 000830's dividend payments are thoroughly covered by cash flows.