Guangdong Lingxiao Pump IndustryLtd Dividend
Dividend criteria checks 2/6
Guangdong Lingxiao Pump IndustryLtd is a dividend paying company with a current yield of 4.55%.
Key information
4.6%
Dividend yield
93%
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¥1.07 |
Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002884 has been paying a dividend for less than 10 years.
Growing Dividend: 002884's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Guangdong Lingxiao Pump IndustryLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2884) | 4.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (2884) | 4.6% |
Notable Dividend: 002884's dividend (4.55%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002884's dividend (4.55%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93.5%), 002884's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.4%), 002884's dividend payments are not well covered by cash flows.