CSPC Pharmaceutical Group Dividends and Buybacks
Dividend criteria checks 4/6
CSPC Pharmaceutical Group is a dividend paying company with a current yield of 5.77% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 1st November, 2024.
Key information
5.8%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 16.5% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 01 Nov 24 |
| Dividend per share | €0.0368 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CVGU's dividend payments have been volatile in the past 10 years.
Growing Dividend: CVGU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CSPC Pharmaceutical Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CVGU) | 5.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Pharmaceuticals) | 1.3% |
| Analyst forecast (CVGU) (up to 3 years) | 4.1% |
Notable Dividend: CVGU's dividend (5.77%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: CVGU's dividend (5.77%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55%), CVGU's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (125.8%), CVGU's dividend payments are not well covered by cash flows.