Guangdong Lingxiao Pump IndustryLtd Dividends and Buybacks
Dividend criteria checks 3/6
Guangdong Lingxiao Pump IndustryLtd is a dividend paying company with a current yield of 5.61% that is well covered by earnings.
Key information
5.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 5.6% |
| Future Dividend Yield | 5.6% |
| Dividend Growth | 17.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Payout ratio | 83% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002884 has been paying a dividend for less than 10 years.
Growing Dividend: 002884's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Guangdong Lingxiao Pump IndustryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002884) | 5.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002884) (up to 3 years) | 5.6% |
Notable Dividend: 002884's dividend (5.61%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002884's dividend (5.61%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.6%), 002884's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.6%), 002884's dividend payments are not well covered by cash flows.