Anhui Gourgen Traffic ConstructionLtd Dividends and Buybacks
Dividend criteria checks 2/6
Anhui Gourgen Traffic ConstructionLtd is a dividend paying company with a current yield of 1.32% that is well covered by earnings.
Key information
1.3%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 14.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.085 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603815 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603815 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Anhui Gourgen Traffic ConstructionLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603815) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Construction) | 3.2% |
| Analyst forecast (603815) (up to 3 years) | n/a |
Notable Dividend: 603815's dividend (1.32%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603815's dividend (1.32%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37%), 603815's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603815 is paying a dividend but the company has no free cash flows.