Guangdong Piano Customized Furniture Dividends and Buybacks
Dividend criteria checks 1/6
Guangdong Piano Customized Furniture is a dividend paying company with a current yield of 1.97%.
Key information
2.0%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 19.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 123% |
Recent dividend and buyback updates
Recent updates
Guangdong Piano Customized Furniture's (SZSE:002853) Anemic Earnings Might Be Worse Than You Think
Nov 06
Guangdong Piano Customized Furniture Co., Ltd.'s (SZSE:002853) Share Price Is Matching Sentiment Around Its Earnings
Sep 30Guangdong Piano Customized Furniture (SZSE:002853) Could Be Struggling To Allocate Capital
Apr 17Guangdong Piano Customized Furniture Co., Ltd. (SZSE:002853) Held Back By Insufficient Growth Even After Shares Climb 30%
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002853 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002853 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Guangdong Piano Customized Furniture Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002853) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Consumer Durables) | 3.6% |
| Analyst forecast (002853) (up to 3 years) | 2.0% |
Notable Dividend: 002853's dividend (1.97%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002853's dividend (1.97%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (123.5%), 002853's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002853 is paying a dividend but the company has no free cash flows.