Dongguang Chemical Dividend
Dividend criteria checks 3/6
Dongguang Chemical is a dividend paying company with a current yield of 4% that is well covered by earnings. Next payment date is on 7th June, 2024 with an ex-dividend date of 28th May, 2024.
Key information
4.0%
Dividend yield
24%
Payout ratio
| Industry average yield | 4.6% |
| Next dividend pay date | 07 Jun 24 |
| Ex dividend date | 28 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.31 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Dongguang Chemical's (HKG:1702) Dividend Will Be CN¥0.08
Apr 25
Dongguang Chemical's (HKG:1702) Dividend Will Be CN¥0.08
Apr 01Dongguang Chemical's (HKG:1702) Dividend Will Be Reduced To CN¥0.08
May 28Dongguang Chemical's (HKG:1702) Dividend Will Be Increased To HK$0.10
May 29Recent updates
Dongguang Chemical's (HKG:1702) Conservative Accounting Might Explain Soft Earnings
Apr 29Dongguang Chemical's (HKG:1702) Dividend Will Be CN¥0.08
Apr 25Dongguang Chemical's (HKG:1702) Dividend Will Be CN¥0.08
Apr 01Dongguang Chemical Limited's (HKG:1702) Price Is Out Of Tune With Earnings
Dec 29A Look At The Intrinsic Value Of Dongguang Chemical Limited (HKG:1702)
Oct 31We Like These Underlying Return On Capital Trends At Dongguang Chemical (HKG:1702)
Aug 07Dongguang Chemical's (HKG:1702) Dividend Will Be Reduced To CN¥0.08
May 28Returns Are Gaining Momentum At Dongguang Chemical (HKG:1702)
Apr 07Dongguang Chemical (HKG:1702) Is Achieving High Returns On Its Capital
Sep 20Dongguang Chemical's (HKG:1702) Dividend Will Be Increased To HK$0.10
May 29Dongguang Chemical (HKG:1702) Hasn't Managed To Accelerate Its Returns
Dec 31Is Dongguang Chemical (HKG:1702) Using Too Much Debt?
Oct 19Returns At Dongguang Chemical (HKG:1702) Appear To Be Weighed Down
Sep 20Dongguang Chemical's (HKG:1702) Returns On Capital Not Reflecting Well On The Business
Apr 25Here's Why Dongguang Chemical (HKG:1702) Can Manage Its Debt Responsibly
Mar 30Would Shareholders Who Purchased Dongguang Chemical's (HKG:1702) Stock Three Years Be Happy With The Share price Today?
Mar 09Here's How We Evaluate Dongguang Chemical Limited's (HKG:1702) Dividend
Feb 07Is Dongguang Chemical (HKG:1702) Set To Make A Turnaround?
Jan 17
These 4 Measures Indicate That Dongguang Chemical (HKG:1702) Is Using Debt Reasonably Well
Dec 27Would Shareholders Who Purchased Dongguang Chemical's (HKG:1702) Stock Three Years Be Happy With The Share price Today?
Dec 09Are Dongguang Chemical's (HKG:1702) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 1702 has been paying a dividend for less than 10 years.
Growing Dividend: 1702's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Dongguang Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1702) | 4.0% |
| Market Bottom 25% (HK) | 3.0% |
| Market Top 25% (HK) | 7.4% |
| Industry Average (Chemicals) | 4.6% |
| Analyst forecast in 3 Years (1702) | n/a |
Notable Dividend: 1702's dividend (4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.07%).
High Dividend: 1702's dividend (4%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.7%), 1702's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.1%), 1702's dividend payments are well covered by cash flows.