Guangdong Chant Group Dividend
Dividend criteria checks 4/6
Guangdong Chant Group is a dividend paying company with a current yield of 2.19% that is well covered by earnings. Next payment date is on 10th May, 2024 with an ex-dividend date of 10th May, 2024.
Key information
2.2%
Dividend yield
37%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 10 May 24 |
Ex dividend date | 10 May 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.27 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002616's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002616's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Guangdong Chant Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2616) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Consumer Durables) | 3.4% |
Analyst forecast in 3 Years (2616) | n/a |
Notable Dividend: 002616's dividend (2.19%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002616's dividend (2.19%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.3%), 002616's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29%), 002616's dividend payments are well covered by cash flows.