Guangdong Lingxiao Pump IndustryLtd Dividend
Dividend criteria checks 2/6
Guangdong Lingxiao Pump IndustryLtd is a dividend paying company with a current yield of 5.49%.
Key information
5.5%
Dividend yield
90%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.12 |
| Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Recent updates
Guangdong Lingxiao Pump Industry Co.,Ltd.'s (SZSE:002884) Shares Lagging The Market But So Is The Business
Jun 07
Guangdong Lingxiao Pump IndustryLtd (SZSE:002884) Is Due To Pay A Dividend Of CN¥1.00
May 12Guangdong Lingxiao Pump IndustryLtd (SZSE:002884) Has More To Do To Multiply In Value Going Forward
Apr 03Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002884) | 5.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Machinery) | 2.0% |
| Analyst forecast in 3 Years (002884) | 5.5% |
Notable Dividend: 002884's dividend (5.49%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002884's dividend (5.49%) is in the top 25% of dividend payers in the CN market (2.6%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.2%), 002884's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.1%), 002884's dividend payments are not well covered by cash flows.