Liaoning Chengda BiotechnologyLtd Dividend
Dividend criteria checks 3/6
Liaoning Chengda BiotechnologyLtd is a dividend paying company with a current yield of 3.29% that is well covered by earnings.
Key information
3.3%
Dividend yield
79%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.800 |
Earnings per share | CN¥1.02 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688739 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688739 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Liaoning Chengda BiotechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688739) | 3.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Biotechs) | 1.3% |
Analyst forecast in 3 Years (688739) | n/a |
Notable Dividend: 688739's dividend (3.29%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 688739's dividend (3.29%) is in the top 25% of dividend payers in the CN market (2.65%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.1%), 688739's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (301.6%), 688739's dividend payments are not well covered by cash flows.