Guangzhou KDT MachineryLtd Dividend
Dividend criteria checks 3/6
Guangzhou KDT MachineryLtd is a dividend paying company with a current yield of 6.72% that is well covered by earnings.
Key information
6.7%
Dividend yield
84%
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¥1.44 |
| Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
Recent updates
If EPS Growth Is Important To You, Guangzhou KDT MachineryLtd (SZSE:002833) Presents An Opportunity
Jun 12
Guangzhou KDT Machinery Co.,Ltd.'s (SZSE:002833) Prospects Need A Boost To Lift Shares
May 27Guangzhou KDT MachineryLtd (SZSE:002833) Could Be Struggling To Allocate Capital
May 03Is Guangzhou KDT MachineryLtd (SZSE:002833) Using Too Much Debt?
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002833 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002833's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Guangzhou KDT MachineryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002833) | 6.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (002833) | 4.0% |
Notable Dividend: 002833's dividend (6.72%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002833's dividend (6.72%) is in the top 25% of dividend payers in the CN market (2.51%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.9%), 002833's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (475.1%), 002833's dividend payments are not well covered by cash flows.