Changhae Ethanol Dividends and Buybacks
Dividend criteria checks 4/6
Changhae Ethanol is a dividend paying company with a current yield of 6.49% that is well covered by earnings. Next payment date is on 16th April, 2025 with an ex-dividend date of 27th December, 2024.
Key information
6.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.8% |
| Next dividend pay date | 16 Apr 25 |
| Ex dividend date | 27 Dec 24 |
| Dividend per share | ₩600.000 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Should Changhae Ethanol Co., Ltd. (KOSDAQ:004650) Be Part Of Your Dividend Portfolio?
May 01
Is Now The Time To Put Changhae Ethanol (KOSDAQ:004650) On Your Watchlist?
Mar 20Does Changhae Ethanol's (KOSDAQ:004650) Returns On Capital Reflect Well On The Business?
Mar 02These 4 Measures Indicate That Changhae Ethanol (KOSDAQ:004650) Is Using Debt Extensively
Feb 10Shareholders Are Loving Changhae Ethanol Co., Ltd.'s (KOSDAQ:004650) 4.6% Yield
Jan 23If You Had Bought Changhae Ethanol's (KOSDAQ:004650) Shares Five Years Ago You Would Be Down 46%
Jan 08Should You Buy Changhae Ethanol Co., Ltd. (KOSDAQ:004650) For Its Upcoming Dividend?
Dec 24
Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 12Here's Why I Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention Today
Nov 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, A004650 has been paying a dividend for less than 10 years.
Growing Dividend: A004650's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Changhae Ethanol Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A004650) | 6.5% |
| Market Bottom 25% (KR) | 1.2% |
| Market Top 25% (KR) | 3.9% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast (A004650) (up to 3 years) | n/a |
Notable Dividend: A004650's dividend (6.49%) is higher than the bottom 25% of dividend payers in the KR market (1.22%).
High Dividend: A004650's dividend (6.49%) is in the top 25% of dividend payers in the KR market (3.94%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.4%), A004650's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.6%), A004650's dividend payments are covered by cash flows.