Guangdong Hongxing Industrial Dividends and Buybacks
Dividend criteria checks 2/6
Guangdong Hongxing Industrial is a dividend paying company with a current yield of 0.62% that is well covered by earnings.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -33.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 15% |
Recent dividend and buyback updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001209) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Luxury) | 3.1% |
| Analyst forecast (001209) (up to 3 years) | n/a |
Notable Dividend: 001209's dividend (0.62%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 001209's dividend (0.62%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
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.