Kingboard Chemical H Dividend yield




   HKD/share 
 Price  17.80
 Dividend  1.05
 Earnings  3.30
 Cash-flow  9.37
 Book value  59.33
 Equity  55.00

Kingboard Chemical H is part of Chemicals business, which is part of Basic Materials industry. Kingboard Chemical H is a company from China, and his stocks are publicly traded.

Kingboard Chemical H stock dividend

Kingboard Chemical H paid a total dividend of 1,164 million HKD last year, for a market value of 19,740 millions (Market Cap 12,947 millions). Kingboard Chemical H dividend per share is 1.05 HKD, and his stock market price 17.80 HKD.

According to the chart below, where dividend yield is displayed, Kingboard Chemical H has a dividend yield of 5.90%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Kingboard Chemical H stocks dividend with other Chemicals companies or other of the highest China dividend stocks list.

Dividend yield of Kingboard Chemical H

Kingboard Chemical H Dividend Payout

About the ability of Kingboard Chemical H to maintain his current dividend of HKD 1.05 per share, an amount that accounts for 5.90%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kingboard Chemical H payout on ernings is currently 31.82%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Kingboard Chemical Hcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Kingboard Chemical H is HKD 9.37 per share, which is higher than the dividend per share paid by the company of HKD 1.05, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kingboard Chemical H, compared againt world market average, China companies, Basic Materials industry and Chemicals sector companies.

Kingboard Chemical H payout

Kingboard Chemical H Dividend History

Below you will find a table with the historical evolution of Kingboard Chemical H's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  HKD  Paypout  Shares* 
Present5.90%1.0531.82%1,109
202211.03%2.7428.66%1,109
20214.11%1.5636.62%1,107
20202.69%0.8831.54%1,105
20193.97%0.9817.47%1,083
20187.66%1.6030.59%1,083
20173.08%1.3027.72%1,067
20162.76%0.6037.27%1,026
20154.48%0.5020.16%1,026

*In millions

Then you can see the evolution of Kingboard Chemical H dividend stock, and compare it with the average of China stocks and that of the Chemicals stocks.

Kingboard Chemical H stock dividend history

Kingboard Chemical H Stock performance

Finally, last moth Kingboard Chemical H showed a return of -17.60% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -28.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Chemicals firms.

Kingboard Chemical H stock and market return