Chongqing Taiji Industry(Group)Ltd Dividend
Dividend criteria checks 2/6
Chongqing Taiji Industry(Group)Ltd is a dividend paying company with a current yield of 0.79% that is well covered by earnings.
Key information
0.8%
Dividend yield
20%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.50 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600129 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600129 has only been paying a dividend for 7 years, and since then payments have not increased.
Dividend Yield vs Market
| Chongqing Taiji Industry(Group)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600129) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Pharmaceuticals) | 1.7% |
| Analyst forecast in 3 Years (600129) | 1.5% |
Notable Dividend: 600129's dividend (0.79%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600129's dividend (0.79%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20%), 600129's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600129 is paying a dividend but the company has no free cash flows.