Shandong Chenming Pa Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   HKD per share 
 Price  2.76
 Dividend  0.16
 Earnings  0.40
 Cash-flow  4.60
 Book value  6.90
 Equity  6.90

Shandong Chenming Pa is part of Forestry and Paper business, which is part of Basic Materials industry. Shandong Chenming Pa is a company from China, and his stocks are publicly traded.

Shandong Chenming Pa paid a total dividend of 113 million HKD last year, for a market value of 1,949 millions (Market Cap 1,949 millions). Dividend per share of Shandong Chenming Pa is 0.16 HKD, and his stock market price 2.76 HKD.

According to the chart below, where dividend yield is displayed, Shandong Chenming Pa has a dividend yield of 5.81%, 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 Shandong Chenming Pa dividend yield with other Forestry and Paper companies or firms from China.

Dividend yield of Shandong Chenming Pa

Shandong Chenming Pa Dividend Payout

About the ability of Shandong Chenming Pa to maintain his current dividend of HKD 0.16 per share, an amount that accounts for 5.81%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shandong Chenming Pa payout on ernings is currently 40.00%, which is higher than the market average, but lower than companies of Basic Materials industry, which are 37.73% and 45.45% respectively. Both figures show that Shandong Chenming Pa should not have problems to continue paying his 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 Shandong Chenming Pa is HKD 4.60 per share, which is higher than the dividend per share paid by the company of HKD 0.16, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Shandong Chenming Pa, compared againt world market average, China companies, Basic Materials industry and Forestry and Paper sector companies.

Shandong Chenming Pa payout

Shandong Chenming Pa Stock performance

Finally, last moth Shandong Chenming Pa showed a return of -3.50% compared to a worldwide 4.36% average, and a 6.04% of Basic Materials firms. Over the last year, the company obtained a -10.40% versus a worldwide performance of a 2.13%. More detailed information can be seen in the following graph for China and Forestry and Paper firms.

Shandong Chenming Pa stock and market return

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