CSPC Pharmaceutical Group Dividends and Buybacks
Dividend criteria checks 3/6
CSPC Pharmaceutical Group is a dividend paying company with a current yield of 6.27% that is well covered by earnings.
Key information
6.3%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 17.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.320 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1093's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1093'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 (1093) | 6.3% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Pharmaceuticals) | 3.7% |
| Analyst forecast (1093) (up to 3 years) | 4.0% |
Notable Dividend: 1093's dividend (6.27%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.28%).
High Dividend: 1093's dividend (6.27%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.4%), 1093's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (129.6%), 1093's dividend payments are not well covered by cash flows.