Shandong Hualu-Hengsheng Chemical Dividends and Buybacks
Dividend criteria checks 4/6
Shandong Hualu-Hengsheng Chemical is a dividend paying company with a current yield of 2.74% that is well covered by earnings.
Key information
2.7%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 12.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 52% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600426's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600426's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Hualu-Hengsheng Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600426) | 2.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (600426) (up to 3 years) | 3.5% |
Notable Dividend: 600426's dividend (2.74%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600426's dividend (2.74%) 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 (51.5%), 600426's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600426 is paying a dividend but the company has no free cash flows.