CSPC Pharmaceutical Group Dividends and Buybacks
Dividend criteria checks 4/6
CSPC Pharmaceutical Group is a dividend paying company with a current yield of 6.29% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 1st November, 2024.
Key information
6.3%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 6.7% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 17.2% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 01 Nov 24 |
| Dividend per share | US$0.0411 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CSPC.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSPC.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CSPC Pharmaceutical Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CSPC.Y) | 6.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Pharmaceuticals) | 2.4% |
| Analyst forecast (CSPC.Y) (up to 3 years) | 4.0% |
Notable Dividend: CSPC.Y's dividend (6.29%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: CSPC.Y's dividend (6.29%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.4%), CSPC.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (129.3%), CSPC.Y's dividend payments are not well covered by cash flows.