Shandong Hualu-Hengsheng Chemical Dividend
Dividend criteria checks 4/6
Shandong Hualu-Hengsheng Chemical is a dividend paying company with a current yield of 2.62% that is well covered by earnings.
Key information
2.6%
Dividend yield
34%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Earnings per share | CN¥1.74 |
| Future Dividend Yield | 3.5% |
Recent dividend 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) | 2.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (600426) (up to 3 years) | 3.5% |
Notable Dividend: 600426's dividend (2.62%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 600426's dividend (2.62%) is in the top 25% of dividend payers in the CN market (2.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.4%), 600426's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600426 is paying a dividend but the company has no free cash flows.