Kingchem (Liaoning) Life Science Dividend
Dividend criteria checks 3/6
Kingchem (Liaoning) Life Science is a dividend paying company with a current yield of 1.7% that is well covered by earnings.
Key information
1.7%
Dividend yield
70%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.571 |
| Earnings per share | CN¥0.78 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301509's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301509's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Kingchem (Liaoning) Life Science Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301509) | 1.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Pharmaceuticals) | 1.8% |
| Analyst forecast (301509) (up to 3 years) | n/a |
Notable Dividend: 301509's dividend (1.7%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301509's dividend (1.7%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.9%), 301509's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.9%), 301509's dividend payments are covered by cash flows.