Haohua Chemical Science & Technology Dividend
Dividend criteria checks 3/6
Haohua Chemical Science & Technology is a dividend paying company with a current yield of 1.29% that is well covered by earnings.
Key information
1.3%
Dividend yield
41%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.346 |
| Earnings per share | CN¥0.69 |
| Dividend yield forecast | 1.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600378's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600378's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Haohua Chemical Science & Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600378) | 1.3% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast (600378) (up to 3 years) | 1.3% |
Notable Dividend: 600378's dividend (1.29%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 600378's dividend (1.29%) is low compared to the top 25% of dividend payers in the CN market (2.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.9%), 600378's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600378 is paying a dividend but the company has no free cash flows.