Guangdong Shenling Environmental Systems Dividend
Dividend criteria checks 2/6
Guangdong Shenling Environmental Systems is a dividend paying company with a current yield of 0.84% that is well covered by earnings.
Key information
0.8%
Dividend yield
38%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.43 |
| Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Guangdong Shenling Environmental Systems' (SZSE:301018) Dividend Is Being Reduced To CN¥0.16
May 27
Guangdong Shenling Environmental Systems (SZSE:301018) Might Be Having Difficulty Using Its Capital Effectively
Mar 25Is Guangdong Shenling Environmental Systems Co., Ltd. (SZSE:301018) Trading At A 34% Discount?
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301018 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301018 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Guangdong Shenling Environmental Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301018) | 0.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Building) | 3.1% |
| Analyst forecast in 3 Years (301018) | 1.8% |
Notable Dividend: 301018's dividend (0.84%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 301018's dividend (0.84%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.6%), 301018's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301018 is paying a dividend but the company has no free cash flows.