GRG Metrology & Test Group Co., Ltd.

SZSE:002967 Stock Report

Market Cap: CN¥7.4b

GRG Metrology & Test Group Dividend

Dividend criteria checks 2/6

GRG Metrology & Test Group is a dividend paying company with a current yield of 1.14% that is well covered by earnings.

Key information

1.1%

Dividend yield

42%

Payout ratio

Industry average yield1.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.35
Dividend yield forecast in 3Y2.8%

Recent dividend updates

GRG Metrology & Test Group (SZSE:002967) Is Due To Pay A Dividend Of CN¥0.15

May 24
GRG Metrology & Test Group (SZSE:002967) Is Due To Pay A Dividend Of CN¥0.15

Recent updates

Is Now The Time To Look At Buying GRG Metrology & Test Group Co., Ltd. (SZSE:002967)?

May 25
Is Now The Time To Look At Buying GRG Metrology & Test Group Co., Ltd. (SZSE:002967)?

GRG Metrology & Test Group (SZSE:002967) Is Due To Pay A Dividend Of CN¥0.15

May 24
GRG Metrology & Test Group (SZSE:002967) Is Due To Pay A Dividend Of CN¥0.15

GRG Metrology & Test Group (SZSE:002967) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Apr 04
GRG Metrology & Test Group (SZSE:002967) Is Posting Promising Earnings But The Good News Doesn’t Stop There

News Flash: 3 Analysts Think GRG Metrology & Test Group Co., Ltd. (SZSE:002967) Earnings Are Under Threat

Apr 02
News Flash: 3 Analysts Think GRG Metrology & Test Group Co., Ltd. (SZSE:002967) Earnings Are Under Threat

We Think GRG Metrology & Test Group (SZSE:002967) Can Stay On Top Of Its Debt

Mar 19
We Think GRG Metrology & Test Group (SZSE:002967) Can Stay On Top Of Its Debt

Market Participants Recognise GRG Metrology & Test Group Co., Ltd.'s (SZSE:002967) Earnings

Feb 26
Market Participants Recognise GRG Metrology & Test Group Co., Ltd.'s (SZSE:002967) Earnings

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002967 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002967's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

GRG Metrology & Test Group Dividend Yield vs Market
How does 2967 dividend yield compare to the market?
SegmentDividend Yield
Company (2967)1.1%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Professional Services)1.6%
Analyst forecast in 3 Years (2967)2.8%

Notable Dividend: 002967's dividend (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).

High Dividend: 002967's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (2.43%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (42.1%), 002967's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 002967 is paying a dividend but the company has no free cash flows.


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