Hengli PetrochemicalLtd Dividends and Buybacks
Dividend criteria checks 3/6
Hengli PetrochemicalLtd is a dividend paying company with a current yield of 3.86% that is well covered by earnings.
Key information
3.9%
Dividend yield
-0.003%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 6.2% |
| Dividend Growth | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.550 |
| Payout ratio | 61% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600346 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600346's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Hengli PetrochemicalLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600346) | 3.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (600346) (up to 3 years) | 6.2% |
Notable Dividend: 600346's dividend (3.86%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600346's dividend (3.86%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.1%), 600346's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600346 is paying a dividend but the company has no free cash flows.