Shanghai Shyndec Pharmaceutical Dividend
Dividend criteria checks 3/6
Shanghai Shyndec Pharmaceutical is a dividend paying company with a current yield of 0.94% that is well covered by earnings.
Key information
0.9%
Dividend yield
16%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.63 |
Dividend yield forecast in 3Y | 16.9% |
Recent dividend updates
No updates
Recent updates
Stability 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 has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
Shanghai Shyndec Pharmaceutical Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600420) | 0.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Pharmaceuticals) | 1.9% |
Analyst forecast in 3 Years (600420) | 16.9% |
Notable Dividend: 600420's dividend (0.94%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 600420's dividend (0.94%) is low compared to the top 25% of dividend payers in the CN market (2.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.6%), 600420's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.1%), 600420's dividend payments are thoroughly covered by cash flows.