Gem-Year IndustrialLtd Dividends and Buybacks
Dividend criteria checks 3/6
Gem-Year IndustrialLtd is a dividend paying company with a current yield of 2.2%.
Key information
2.2%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 165% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601002's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601002's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Gem-Year IndustrialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601002) | 2.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (601002) (up to 3 years) | n/a |
Notable Dividend: 601002's dividend (2.2%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601002's dividend (2.2%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (165%), 601002's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.8%), 601002's dividend payments are well covered by cash flows.