Guangzhou Haoyang ElectronicLtd Dividend
Dividend criteria checks 3/6
Guangzhou Haoyang ElectronicLtd is a dividend paying company with a current yield of 2.43% that is well covered by earnings.
Key information
2.4%
Dividend yield
51%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥4.35 |
| Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300833 has been paying a dividend for less than 10 years.
Growing Dividend: 300833's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Guangzhou Haoyang ElectronicLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300833) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast in 3 Years (300833) | 4.4% |
Notable Dividend: 300833's dividend (2.43%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300833's dividend (2.43%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.9%), 300833's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (133.4%), 300833's dividend payments are not well covered by cash flows.