Guizhou Xinbang Pharmaceutical Dividend
Dividend criteria checks 4/6
Guizhou Xinbang Pharmaceutical is a dividend paying company with a current yield of 2.03% that is well covered by earnings.
Key information
2.0%
Dividend yield
46%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Earnings per share | CN¥0.13 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002390's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002390's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guizhou Xinbang Pharmaceutical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002390) | 2.0% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Pharmaceuticals) | 2.1% |
| Analyst forecast (002390) (up to 3 years) | n/a |
Notable Dividend: 002390's dividend (2.03%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 002390's dividend (2.03%) is low compared to the top 25% of dividend payers in the CN market (2.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.3%), 002390's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.6%), 002390's dividend payments are well covered by cash flows.