CSPC Pharmaceutical Group Dividend
Dividend criteria checks 3/6
CSPC Pharmaceutical Group is a dividend paying company with a current yield of 4.27% that is well covered by earnings. Next payment date is on 11th July, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
4.3%
Dividend yield
51%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 11 Jul 24 |
| Ex dividend date | 03 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.50 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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) | 4.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Pharmaceuticals) | 2.4% |
| Analyst forecast in 3 Years (CSPC.Y) | 3.7% |
Notable Dividend: CSPC.Y's dividend (4.27%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: CSPC.Y's dividend (4.27%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.4%), CSPC.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CSPC.Y's cash payout ratio to determine if its dividend payments are covered by cash flows.