Quality Chemical Industries Dividends and Buybacks
Dividend criteria checks 2/6
Quality Chemical Industries is a dividend paying company with a current yield of 13.57% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 27th November, 2024.
Key information
13.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 38.2% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 27 Nov 24 |
| Dividend per share | USh7.600 |
| Payout ratio | 67% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, QCIL has been paying a dividend for less than 10 years.
Growing Dividend: QCIL's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Quality Chemical Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (QCIL) | 13.6% |
| Market Bottom 25% (UG) | 5.2% |
| Market Top 25% (UG) | 13.6% |
| Industry Average (Pharmaceuticals) | 2.5% |
| Analyst forecast (QCIL) (up to 3 years) | n/a |
Notable Dividend: QCIL's dividend (13.57%) is higher than the bottom 25% of dividend payers in the UG market (5.24%).
High Dividend: QCIL's dividend (13.57%) is low compared to the top 25% of dividend payers in the UG market (13.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.7%), QCIL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (353.4%), QCIL's dividend payments are not well covered by cash flows.