Guangdong Hongxing Industrial Dividends and Buybacks
Dividend criteria checks 1/6
Guangdong Hongxing Industrial is a dividend paying company with a current yield of 0.48% that is well covered by earnings.
Key information
0.5%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield | n/a |
Future Dividend Yield | n/a |
Dividend Growth | -35.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.100 |
Payout ratio | 15% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 001209 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 001209 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Guangdong Hongxing Industrial Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (001209) | 0.5% |
Market Bottom 25% (CN) | 0.5% |
Market Top 25% (CN) | 2.1% |
Industry Average (Luxury) | 2.9% |
Analyst forecast (001209) (up to 3 years) | n/a |
Notable Dividend: 001209's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.52%).
High Dividend: 001209's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (2.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.7%), 001209's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001209 is paying a dividend but the company has no free cash flows.