Gongniu GroupLtd Dividend
Dividend criteria checks 4/6
Gongniu GroupLtd is a dividend paying company with a current yield of 2.59% that is well covered by earnings.
Key information
2.6%
Dividend yield
68%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥4.56 |
| Dividend yield forecast in 3Y | 3.4% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603195 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603195's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Gongniu GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603195) | 2.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast in 3 Years (603195) | 3.4% |
Notable Dividend: 603195's dividend (2.59%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603195's dividend (2.59%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.7%), 603195's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.5%), 603195's dividend payments are covered by cash flows.