Guangzhou KDT MachineryLtd Dividends and Buybacks
Dividend criteria checks 3/6
Guangzhou KDT MachineryLtd is a dividend paying company with a current yield of 3.38% that is well covered by earnings.
Key information
3.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 28.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002833 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002833's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Guangzhou KDT MachineryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002833) | 3.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002833) (up to 3 years) | 3.3% |
Notable Dividend: 002833's dividend (3.38%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002833's dividend (3.38%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.6%), 002833's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (177.2%), 002833's dividend payments are not well covered by cash flows.