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
How does QCIL dividend yield compare to the 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.