CNNC Hua Yuan Titanium Dioxide Dividend
Dividend criteria checks 2/6
CNNC Hua Yuan Titanium Dioxide is a dividend paying company with a current yield of 1.5% that is well covered by earnings.
Key information
1.5%
Dividend yield
37%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0505 |
| Earnings per share | CN¥0.14 |
| Dividend yield forecast | 1.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002145 has been paying a dividend for less than 10 years.
Growing Dividend: 002145's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| CNNC Hua Yuan Titanium Dioxide Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002145) | 1.5% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast (002145) (up to 3 years) | 1.5% |
Notable Dividend: 002145's dividend (1.5%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 002145's dividend (1.5%) is low compared to the top 25% of dividend payers in the CN market (2.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.7%), 002145's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002145 is paying a dividend but the company has no free cash flows.