Quality Chemical Industries Dividend
Dividend criteria checks 3/6
Quality Chemical Industries is a dividend paying company with a current yield of 13.04% that is well covered by earnings.
Key information
13.0%
Dividend yield
84%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | USh7.300 |
Earnings per share | USh8.70 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
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) | 13.0% |
Market Bottom 25% (UG) | 4.0% |
Market Top 25% (UG) | 14.8% |
Industry Average (Pharmaceuticals) | 1.9% |
Analyst forecast in 3 Years (QCIL) | n/a |
Notable Dividend: QCIL's dividend (13.04%) is higher than the bottom 25% of dividend payers in the UG market (4.04%).
High Dividend: QCIL's dividend (13.04%) is low compared to the top 25% of dividend payers in the UG market (14.59%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.9%), QCIL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.2%), QCIL's dividend payments are well covered by cash flows.