Quechen Silicon Chemical Dividends and Buybacks
Dividend criteria checks 3/6
Quechen Silicon Chemical is a dividend paying company with a current yield of 2.03% that is well covered by earnings.
Key information
2.0%
Dividend yield
0.007%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | -9.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605183 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605183 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Quechen Silicon Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605183) | 2.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (605183) (up to 3 years) | 3.3% |
Notable Dividend: 605183's dividend (2.03%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605183's dividend (2.03%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), 605183's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.5%), 605183's dividend payments are covered by cash flows.