Tianqi Lithium Dividend
Dividend criteria checks 2/6
Tianqi Lithium is a dividend paying company with a current yield of 4.64%.
Key information
4.6%
Dividend yield
-51%
Payout ratio
| Industry average yield | 5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$1.457 |
| Earnings per share | -HK$2.66 |
| Dividend yield forecast | 2.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 9696 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9696's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Tianqi Lithium Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (9696) | 4.6% |
| Market Bottom 25% (HK) | 3.4% |
| Market Top 25% (HK) | 8.4% |
| Industry Average (Chemicals) | 5.4% |
| Analyst forecast (9696) (up to 3 years) | 2.0% |
Notable Dividend: 9696's dividend (4.64%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.45%).
High Dividend: 9696's dividend (4.64%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.39%).
Earnings Payout to Shareholders
Earnings Coverage: 9696 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.9%), 9696's dividend payments are well covered by cash flows.