Guizhou Chanhen Chemical Dividends and Buybacks
Dividend criteria checks 3/6
Guizhou Chanhen Chemical is a dividend paying company with a current yield of 4.81% that is well covered by earnings.
Key information
4.8%
Dividend yield
-5.8%
Buyback Yield
| Total Shareholder Yield | -1.0% |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 32.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002895 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002895's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Guizhou Chanhen Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002895) | 4.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002895) (up to 3 years) | 7.0% |
Notable Dividend: 002895's dividend (4.81%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002895's dividend (4.81%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), 002895's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (441.1%), 002895's dividend payments are not well covered by cash flows.