Liaoning Chengda BiotechnologyLtd Dividend
Dividend criteria checks 2/6
Liaoning Chengda BiotechnologyLtd is a dividend paying company with a current yield of 2.81%.
Key information
2.8%
Dividend yield
94%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.800 |
| Earnings per share | CN¥0.85 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688739) | 2.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Biotechs) | 1.1% |
| Analyst forecast (688739) (up to 3 years) | n/a |
Notable Dividend: 688739's dividend (2.81%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 688739's dividend (2.81%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.2%), 688739's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (285.8%), 688739's dividend payments are not well covered by cash flows.