Cathay Biotech Dividend
Dividend criteria checks 1/6
Cathay Biotech is a dividend paying company with a current yield of 0.48% that is well covered by earnings. Last payment was on 24th July, 2024 with an ex-dividend date of 24th July, 2024.
Key information
0.5%
Dividend yield
27%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | 24 Jul 24 |
Ex dividend date | 24 Jul 24 |
Dividend per share | CN¥0.190 |
Earnings per share | CN¥0.71 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688065 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688065 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Cathay Biotech Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688065) | 0.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.7% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (688065) | n/a |
Notable Dividend: 688065's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 688065's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (2.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.8%), 688065's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688065 is paying a dividend but the company has no free cash flows.