Asymchem Laboratories (Tianjin) Dividend
Dividend criteria checks 3/6
Asymchem Laboratories (Tianjin) is a dividend paying company with a current yield of 2.36% that is well covered by earnings.
Key information
2.4%
Dividend yield
60%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.249 |
| Earnings per share | US$3.05 |
| Dividend yield forecast | 1.3% |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ASLT.Y has been paying a dividend for less than 10 years.
Growing Dividend: ASLT.Y's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Asymchem Laboratories (Tianjin) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASLT.Y) | 2.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Pharmaceuticals) | 2.2% |
| Analyst forecast (ASLT.Y) (up to 3 years) | 1.3% |
Notable Dividend: ASLT.Y's dividend (2.36%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: ASLT.Y's dividend (2.36%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.8%), ASLT.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79.3%), ASLT.Y's dividend payments are covered by cash flows.