Chengxin Lithium Group Dividend
Dividend criteria checks 1/6
Chengxin Lithium Group is a dividend paying company with a current yield of 1.34%.
Key information
1.3%
Dividend yield
230%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.10 |
Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002240 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002240's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Chengxin Lithium Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2240) | 1.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (2240) | 3.1% |
Notable Dividend: 002240's dividend (1.34%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002240's dividend (1.34%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (229.8%), 002240's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002240 is paying a dividend but the company has no free cash flows.