Anhui Gourgen Traffic ConstructionLtd Dividend
Dividend criteria checks 2/6
Anhui Gourgen Traffic ConstructionLtd is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
34%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.085 |
| Earnings per share | CN¥0.25 |
| Dividend yield forecast | n/a |
Recent dividend updates
No 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) | 2.8% |
| Analyst forecast (603815) (up to 3 years) | n/a |
Notable Dividend: 603815's dividend (1.33%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 603815's dividend (1.33%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), 603815's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (285.4%), 603815's dividend payments are not well covered by cash flows.