Shanghai Shyndec Pharmaceutical Dividend
Dividend criteria checks 3/6
Shanghai Shyndec Pharmaceutical is a dividend paying company with a current yield of 1.53% that is well covered by earnings.
Key information
1.5%
Dividend yield
25%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.79 |
| Dividend yield forecast | 17.3% |
Recent dividend updates
No updates
Recent updates
Is Shanghai Shyndec Pharmaceutical (SHSE:600420) Using Too Much Debt?
Aug 23
Improved Earnings Required Before Shanghai Shyndec Pharmaceutical Co., Ltd. (SHSE:600420) Stock's 33% Jump Looks Justified
May 06Is Shanghai Shyndec Pharmaceutical (SHSE:600420) A Risky Investment?
Apr 30Solid Earnings May Not Tell The Whole Story For Shanghai Shyndec Pharmaceutical (SHSE:600420)
Apr 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600420 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600420's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Shanghai Shyndec Pharmaceutical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600420) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Pharmaceuticals) | 1.7% |
| Analyst forecast (600420) (up to 3 years) | 17.3% |
Notable Dividend: 600420's dividend (1.53%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 600420's dividend (1.53%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.2%), 600420's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.5%), 600420's dividend payments are thoroughly covered by cash flows.