Guangdong Provincial Expressway Development Dividend
Dividend criteria checks 5/6
Guangdong Provincial Expressway Development is a dividend paying company with a current yield of 4.81% that is well covered by earnings.
Key information
4.8%
Dividend yield
71%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.547 |
| Earnings per share | CN¥0.77 |
| Dividend yield forecast | 4.8% |
Recent dividend updates
Recent updates
Guangdong Provincial Expressway Development's (SZSE:000429) Dividend Will Be Increased To CN¥0.547
Jul 12
The Market Doesn't Like What It Sees From Guangdong Provincial Expressway Development Co., Ltd.'s (SZSE:000429) Earnings Yet
Jun 03Is There An Opportunity With Guangdong Provincial Expressway Development Co., Ltd.'s (SZSE:000429) 42% Undervaluation?
Apr 12Guangdong Provincial Expressway Development Co., Ltd. (SZSE:000429) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 18Do Guangdong Provincial Expressway Development's (SZSE:000429) Earnings Warrant Your Attention?
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000429's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000429's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guangdong Provincial Expressway Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000429) | 4.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Infrastructure) | 2.3% |
| Analyst forecast (000429) (up to 3 years) | 4.8% |
Notable Dividend: 000429's dividend (4.81%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 000429's dividend (4.81%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.1%), 000429's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.7%), 000429's dividend payments are covered by cash flows.