China Chemical & Pharmaceutical Co., Ltd.

TWSE:1701 Stock Report

Market Cap: NT$6.7b

China Chemical & Pharmaceutical Dividend

Dividend criteria checks 3/6

China Chemical & Pharmaceutical is a dividend paying company with a current yield of 2.23% that is well covered by earnings. Next payment date is on 20th August, 2024 with an ex-dividend date of 25th July, 2024.

Key information

2.2%

Dividend yield

45%

Payout ratio

Industry average yield1.9%
Next dividend pay date20 Aug 24
Ex dividend date25 Jul 24
Dividend per sharen/a
Earnings per shareNT$1.10
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Here's Why We Think China Chemical & Pharmaceutical (TPE:1701) Is Well Worth Watching

Apr 25
Here's Why We Think China Chemical & Pharmaceutical (TPE:1701) Is Well Worth Watching

We Think China Chemical & Pharmaceutical (TPE:1701) Can Stay On Top Of Its Debt

Apr 07
We Think China Chemical & Pharmaceutical (TPE:1701) Can Stay On Top Of Its Debt

The China Chemical & Pharmaceutical (TPE:1701) Share Price Is Up 34% And Shareholders Are Holding On

Mar 17
The China Chemical & Pharmaceutical (TPE:1701) Share Price Is Up 34% And Shareholders Are Holding On

China Chemical & Pharmaceutical Co., Ltd.'s (TPE:1701) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Feb 24
China Chemical & Pharmaceutical Co., Ltd.'s (TPE:1701) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Is China Chemical & Pharmaceutical Co., Ltd. (TPE:1701) A Good Fit For Your Dividend Portfolio?

Jan 27
Is China Chemical & Pharmaceutical Co., Ltd. (TPE:1701) A Good Fit For Your Dividend Portfolio?

Does China Chemical & Pharmaceutical (TPE:1701) Have A Healthy Balance Sheet?

Jan 06
Does China Chemical & Pharmaceutical (TPE:1701) Have A Healthy Balance Sheet?

The China Chemical & Pharmaceutical (TPE:1701) Share Price Is Up 22% And Shareholders Are Holding On

Dec 16
The China Chemical & Pharmaceutical (TPE:1701) Share Price Is Up 22% And Shareholders Are Holding On

China Chemical & Pharmaceutical Co., Ltd. (TPE:1701) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Nov 26
China Chemical & Pharmaceutical Co., Ltd. (TPE:1701) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Upcoming Dividend Payment

TodayJul 11 2024Ex Dividend DateJul 25 2024Dividend Pay DateAug 20 202426 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 1701's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1701's dividend payments have not increased over the past 10 years.


Dividend Yield vs Market

China Chemical & Pharmaceutical Dividend Yield vs Market
How does 1701 dividend yield compare to the market?
SegmentDividend Yield
Company (1701)2.2%
Market Bottom 25% (TW)1.6%
Market Top 25% (TW)4.2%
Industry Average (Pharmaceuticals)1.9%
Analyst forecast in 3 Years (1701)n/a

Notable Dividend: 1701's dividend (2.23%) is higher than the bottom 25% of dividend payers in the TW market (1.65%).

High Dividend: 1701's dividend (2.23%) is low compared to the top 25% of dividend payers in the TW market (4.24%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.3%), 1701's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (57.7%), 1701's dividend payments are covered by cash flows.


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