GRG Metrology & Test Group Dividends and Buybacks
Dividend criteria checks 2/6
GRG Metrology & Test Group is a dividend paying company with a current yield of 0.87% that is well covered by earnings.
Key information
0.9%
Dividend yield
-0.7%
Buyback Yield
| Total Shareholder Yield | 0.2% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 55.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Is GRG Metrology & Test Group (SZSE:002967) Using Too Much Debt?
Oct 18
Investors Appear Satisfied With GRG Metrology & Test Group Co., Ltd.'s (SZSE:002967) Prospects
Sep 29Here's What's Concerning About GRG Metrology & Test Group's (SZSE:002967) Returns On Capital
Sep 10GRG Metrology & Test Group (SZSE:002967) Has A Pretty Healthy Balance Sheet
Jul 12GRG Metrology & Test Group Co., Ltd. (SZSE:002967) Not Lagging Market On Growth Or Pricing
Jun 21Is Now The Time To Look At Buying GRG Metrology & Test Group Co., Ltd. (SZSE:002967)?
May 25GRG Metrology & Test Group (SZSE:002967) Is Due To Pay A Dividend Of CN¥0.15
May 24GRG Metrology & Test Group (SZSE:002967) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 04News Flash: 3 Analysts Think GRG Metrology & Test Group Co., Ltd. (SZSE:002967) Earnings Are Under Threat
Apr 02We Think GRG Metrology & Test Group (SZSE:002967) Can Stay On Top Of Its Debt
Mar 19Market Participants Recognise GRG Metrology & Test Group Co., Ltd.'s (SZSE:002967) Earnings
Feb 26Stability 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 5 years.
Dividend Yield vs Market
| GRG Metrology & Test Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002967) | 0.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Professional Services) | 1.2% |
| Analyst forecast (002967) (up to 3 years) | 2.4% |
Notable Dividend: 002967's dividend (0.87%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002967's dividend (0.87%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), 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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:17 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GRG Metrology & Test Group Co., Ltd. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xiang Li | Citic Securities Co., Ltd. |
| Rui Wang | Everbright Securities Co. Ltd. |
| Shuang Wu | Guosen Securities Co., Ltd. |