China Resources Pharmaceutical Group is a dividend paying company with a current yield of 3.3% that is well covered by earnings. Next payment date is on 19th July, 2024 with an ex-dividend date of 4th June, 2024.
Key information
3.3%
Dividend yield
25%
Payout ratio
Industry average yield
2.4%
Next dividend pay date
19 Jul 24
Ex dividend date
04 Jun 24
Dividend per share
n/a
Earnings per share
€0.61
Dividend yield forecast in 3Y
3.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 640 has been paying a dividend for less than 10 years.
Growing Dividend: 640's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
China Resources Pharmaceutical Group Dividend Yield vs Market
How does 640 dividend yield compare to the market?
Segment
Dividend Yield
Company (640)
3.3%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Pharmaceuticals)
2.4%
Analyst forecast in 3 Years (640)
3.9%
Notable Dividend: 640's dividend (3.3%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 640's dividend (3.3%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.1%), 640's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.7%), 640's dividend payments are thoroughly covered by cash flows.