Guangdong DPLtd Dividend
Dividend criteria checks 2/6
Guangdong DPLtd is a dividend paying company with a current yield of 1.21% that is well covered by earnings.
Key information
1.2%
Dividend yield
65%
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¥0.29 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300808 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300808's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Guangdong DPLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300808) | 1.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast in 3 Years (300808) | n/a |
Notable Dividend: 300808's dividend (1.21%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 300808's dividend (1.21%) is low compared to the top 25% of dividend payers in the CN market (2.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.9%), 300808's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300808 is paying a dividend but the company has no free cash flows.