Asymchem Laboratories (Tianjin) Dividend
Dividend criteria checks 2/6
Asymchem Laboratories (Tianjin) is a dividend paying company with a current yield of 2.57% that is well covered by earnings.
Key information
2.6%
Dividend yield
34%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$5.46 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6821 has been paying a dividend for less than 10 years.
Growing Dividend: 6821's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Asymchem Laboratories (Tianjin) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6821) | 2.6% |
Market Bottom 25% (HK) | 3.3% |
Market Top 25% (HK) | 7.9% |
Industry Average (Pharmaceuticals) | 3.6% |
Analyst forecast in 3 Years (6821) | 1.4% |
Notable Dividend: 6821's dividend (2.57%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.3%).
High Dividend: 6821's dividend (2.57%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.89%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), 6821's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.8%), 6821's dividend payments are well covered by cash flows.