Guangdong KinLong Hardware ProductsLtd Dividends and Buybacks
Dividend criteria checks 2/6
Guangdong KinLong Hardware ProductsLtd is a dividend paying company with a current yield of 0.37% that is well covered by earnings.
Key information
0.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.3% |
| Dividend Growth | -8.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002791 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002791 has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
| Guangdong KinLong Hardware ProductsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002791) | 0.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Building) | 2.6% |
| Analyst forecast (002791) (up to 3 years) | 1.3% |
Notable Dividend: 002791's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002791's dividend (0.37%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.4%), 002791's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.4%), 002791's dividend payments are well covered by cash flows.