Zhejiang Xinan Chemical Industrial GroupLtd Dividend
Dividend criteria checks 2/6
Zhejiang Xinan Chemical Industrial GroupLtd is a dividend paying company with a current yield of 1.23% that is well covered by earnings.
Key information
1.2%
Dividend yield
84%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.11 |
Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600596's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600596's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Zhejiang Xinan Chemical Industrial GroupLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600596) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.0% |
Analyst forecast in 3 Years (600596) | 2.3% |
Notable Dividend: 600596's dividend (1.23%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 600596's dividend (1.23%) is low compared to the top 25% of dividend payers in the CN market (2.41%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.9%), 600596's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600596 is paying a dividend but the company has no free cash flows.