Guoguang ElectricLtd.Chengdu Dividends and Buybacks
Dividend criteria checks 1/6
Guoguang ElectricLtd.Chengdu is a dividend paying company with a current yield of 0.32% that is well covered by earnings.
Key information
0.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 51.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 27% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688776 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688776 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Guoguang ElectricLtd.Chengdu Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688776) | 0.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (688776) (up to 3 years) | n/a |
Notable Dividend: 688776's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688776's dividend (0.32%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.4%), 688776's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (105%), 688776's dividend payments are not well covered by cash flows.