Guangzhou Guangri StockLtd Dividend
Dividend criteria checks 3/6
Guangzhou Guangri StockLtd is a dividend paying company with a current yield of 4.95% that is well covered by earnings.
Key information
5.0%
Dividend yield
63%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.540 |
Earnings per share | CN¥0.84 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Does Guangzhou Guangri StockLtd (SHSE:600894) Have A Healthy Balance Sheet?
Jun 06Guangzhou Guangri Stock Co.,Ltd.'s (SHSE:600894) Shares Bounce 34% But Its Business Still Trails The Market
Apr 18Guangzhou Guangri Stock Co.,Ltd. (SHSE:600894) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Mar 04Does Guangzhou Guangri StockLtd (SHSE:600894) Have A Healthy Balance Sheet?
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600894 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600894's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Guangzhou Guangri StockLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600894) | 5.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (600894) | n/a |
Notable Dividend: 600894's dividend (4.95%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 600894's dividend (4.95%) is in the top 25% of dividend payers in the CN market (2.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63%), 600894's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (205%), 600894's dividend payments are not well covered by cash flows.