Chengdu Kanghua Biological Products Dividends and Buybacks
Dividend criteria checks 4/6
Chengdu Kanghua Biological Products is a dividend paying company with a current yield of 3.48% that is well covered by earnings.
Key information
3.5%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 48.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥2.000 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300841 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300841's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Chengdu Kanghua Biological Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300841) | 3.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Biotechs) | 1.2% |
| Analyst forecast (300841) (up to 3 years) | 3.1% |
Notable Dividend: 300841's dividend (3.48%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 300841's dividend (3.48%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.6%), 300841's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.8%), 300841's dividend payments are covered by cash flows.