Shanghai Yongguan Adhesive Products is a dividend paying company with a current yield of 1.15% that is well covered by earnings. Next payment date is on 8th July, 2024 with an ex-dividend date of 8th July, 2024.
Key information
1.2%
Dividend yield
19%
Payout ratio
Industry average yield
2.1%
Next dividend pay date
08 Jul 24
Ex dividend date
08 Jul 24
Dividend per share
n/a
Earnings per share
CN¥0.81
Dividend yield forecast in 3Y
1.5%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603681 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603681 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Shanghai Yongguan Adhesive Products Dividend Yield vs Market
How does 603681 dividend yield compare to the market?
Segment
Dividend Yield
Company (603681)
1.2%
Market Bottom 25% (CN)
0.7%
Market Top 25% (CN)
2.5%
Industry Average (Chemicals)
2.1%
Analyst forecast in 3 Years (603681)
1.5%
Notable Dividend: 603681's dividend (1.15%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603681's dividend (1.15%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.4%), 603681's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603681 is paying a dividend but the company has no free cash flows.