Guangdong Rifeng Electric Cable Dividends and Buybacks
Dividend criteria checks 3/6
Guangdong Rifeng Electric Cable is a dividend paying company with a current yield of 0.89% that is well covered by earnings.
Key information
0.9%
Dividend yield
0.2%
Buyback Yield
Total Shareholder Yield | 1.1% |
Future Dividend Yield | n/a |
Dividend Growth | 10.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.0769 |
Payout ratio | 22% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002953 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002953's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Guangdong Rifeng Electric Cable Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002953) | 0.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Electrical) | 1.5% |
Analyst forecast (002953) (up to 3 years) | n/a |
Notable Dividend: 002953's dividend (0.89%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002953's dividend (0.89%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.7%), 002953's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.7%), 002953's dividend payments are covered by cash flows.