Sichuan Guoguang Agrochemical Dividend
Dividend criteria checks 4/6
Sichuan Guoguang Agrochemical is a dividend paying company with a current yield of 4.08% that is well covered by earnings.
Key information
4.1%
Dividend yield
68%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.550 |
| Earnings per share | CN¥0.75 |
| Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002749 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002749's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Sichuan Guoguang Agrochemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002749) | 4.1% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast in 3 Years (002749) | 4.4% |
Notable Dividend: 002749's dividend (4.08%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 002749's dividend (4.08%) is in the top 25% of dividend payers in the CN market (2.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.8%), 002749's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.2%), 002749's dividend payments are covered by cash flows.