Guangzhou Baiyun Electric Equipment Dividend
Dividend criteria checks 2/6
Guangzhou Baiyun Electric Equipment is a dividend paying company with a current yield of 1.04% that is well covered by earnings.
Key information
1.0%
Dividend yield
34%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.25 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603861 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603861 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Guangzhou Baiyun Electric Equipment Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603861) | 1.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Electrical) | 1.9% |
Analyst forecast in 3 Years (603861) | n/a |
Notable Dividend: 603861's dividend (1.04%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 603861's dividend (1.04%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.7%), 603861's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603861 is paying a dividend but the company has no free cash flows.