North Chemical Industries Dividend
Dividend criteria checks 2/6
North Chemical Industries is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
61%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.050 |
Earnings per share | CN¥0.086 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002246's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002246's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
North Chemical Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (002246) | 0.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Chemicals) | 1.8% |
Analyst forecast (002246) (up to 3 years) | n/a |
Notable Dividend: 002246's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002246's dividend (0.49%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.3%), 002246's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91%), 002246's dividend payments are not well covered by cash flows.