GRG Metrology & Test Group Dividend
Dividend criteria checks 2/6
GRG Metrology & Test Group is a dividend paying company with a current yield of 1.02% that is well covered by earnings.
Key information
1.0%
Dividend yield
42%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.35 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Recent updates
GRG Metrology & Test Group (SZSE:002967) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 04
News 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 4 years.
Dividend Yield vs Market
| GRG Metrology & Test Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2967) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Professional Services) | 1.3% |
| Analyst forecast in 3 Years (2967) | 2.5% |
Notable Dividend: 002967's dividend (1.02%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002967's dividend (1.02%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
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.