Guangzhou Automobile Group Dividends and Buybacks
Dividend criteria checks 3/6
Guangzhou Automobile Group is a dividend paying company with a current yield of 4.35%.
Key information
4.3%
Dividend yield
-0.06%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 10.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.130 |
| Payout ratio | 3,980% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601238's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601238's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Guangzhou Automobile Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601238) | 4.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto) | 1.7% |
| Analyst forecast (601238) (up to 3 years) | 3.8% |
Notable Dividend: 601238's dividend (4.35%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 601238's dividend (4.35%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (3980.4%), 601238's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601238 is paying a dividend but the company has no free cash flows.