Hengli PetrochemicalLtd Dividend
Dividend criteria checks 3/6
Hengli PetrochemicalLtd is a dividend paying company with a current yield of 3.82% that is well covered by earnings.
Key information
3.8%
Dividend yield
48%
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¥1.14 |
Dividend yield forecast in 3Y | 7.0% |
Recent dividend 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 7 years.
Dividend Yield vs Market
Hengli PetrochemicalLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600346) | 3.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (600346) | 7.0% |
Notable Dividend: 600346's dividend (3.82%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 600346's dividend (3.82%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48%), 600346's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600346 is paying a dividend but the company has no free cash flows.