Guangdong Rifeng Electric Cable Co., Ltd.

SZSE:002953 Stock Report

Market Cap: CN¥3.9b

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 Yield1.1%
Future Dividend Yieldn/a
Dividend Growth10.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.0769
Payout ratio22%

Recent dividend and buyback updates

Recent updates

Guangdong Rifeng Electric Cable Co., Ltd.'s (SZSE:002953) 27% Price Boost Is Out Of Tune With Earnings

Mar 07
Guangdong Rifeng Electric Cable Co., Ltd.'s (SZSE:002953) 27% Price Boost Is Out Of Tune With Earnings

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
How does 002953 dividend yield compare to the market?
SegmentDividend 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.


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