Guangzhou Haoyang ElectronicLtd Dividend
Dividend criteria checks 3/6
Guangzhou Haoyang ElectronicLtd is a dividend paying company with a current yield of 4.02% that is well covered by earnings.
Key information
4.0%
Dividend yield
59%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.600 |
| Earnings per share | CN¥2.73 |
| Dividend yield forecast | 6.8% |
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) | 4.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300833) (up to 3 years) | 6.8% |
Notable Dividend: 300833's dividend (4.02%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 300833's dividend (4.02%) 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 (58.5%), 300833's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (141.4%), 300833's dividend payments are not well covered by cash flows.